Tullow Oil PLC Report on Payments to Governments (9094L)
09 September 2023 - 12:30AM
UK Regulatory
TIDMTLW
RNS Number : 9094L
Tullow Oil PLC
08 September 2023
Tullow Oil plc
Report on payments to governments for the year 2022
Introduction
Tullow Oil plc has prepared the following consolidated report in
respect of payments made to governments for the year ended 31
December 2022 in accordance with the Reports on Payments to
Governments Regulations 2014 (2014/3209) as amended by the Reports
on Payments to Governments (Amendment) Regulations 2015 (2015/1928)
and DTR 4.3A of the Financial Conduct Authority's Disclosure and
Transparency Rules. Further details, including the basis of
preparation, can be found in the Company's Payment to Government
Report. This report is available for download from:
https://www.tullowoil.com/application/files/2316/7958/7310/2022_Payment_to_Government_Report.pdf
Disclosure by licence and country
European transparency directive disclosure
2022 Production Production Income Royalties Bonus Licence Infrastructure Merchant
entitlements entitlements taxes (cash payments fees improvement shipping
only) payments superintendant
levy
Licence /
Company
level BBL000 $000 $000 $000 $000 $000 $000 $000
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
CI-803 - - - - 2,000 - - -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
CI-26 Espoir - - - - - - - -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Total Cote - - - - 2,000 - - -
d'Ivoire
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Echira - - - 5,750 - - - -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Limande - - - 5,016 - - - -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
M'Oba - - - 32 - - - -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Niungo - - - 3,885 - - - -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Oba - - - 2,067 - - - -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Simba - - - 28,111 - - - -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Tchatamba - - - 12,618 - - - -
Marin
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Turnix - - - 248 - - - -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Tullow Oil - - 82,776 - - - - -
Gabon SA
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Total Gabon - - 82,776 57,727 - - - -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Deep Water - - - - - 59 - -
Tano
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Jubilee
Field
Unit Area 583 51,009 - - - - - -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
TEN
Development
Area 248 21,677 - - - - 968 -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
West Cape - - - - - 18 - -
Three Points
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Tullow Ghana
Ltd. - - 162,018 - - - 1,696
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Total Ghana 831 72,687 162,018 - - 78 2,664 -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
PSC B - - - - - 35 - -
(Chinguetti
EEA)
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Total - - - - - 35 - -
Mauritania
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Block 10BA - - - - - 306 - -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Block 12B - - - - - 243 - -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Tullow Kenya
B.V. - - - - - - - 12
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Total Kenya - - - - - 549 - 12
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Block MLO - - - - - 146 - -
114
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Block MLO - - - - - 112 - -
119
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Block MLO - - - - - 108 - -
122
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Total - - - - - 367 - -
Argentina
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Orinduik - - - - - 40 - -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Total Guyana - - - - - 40 - -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Tullow Oil - - - 4,094 - - - -
SPE Limited
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Tullow Oil - - - 18,317 - - - - -
SK Limited
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
Total UK - - - 22,411 - - - - -
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
831 72,687 222,382 57,727 2,000 1,069 2,664 12
------------- ------------- ------------- --------- ---------- --------- -------- --------------- ---------------
*Where production entitlement is paid in barrels this has been
multiplied by the Group's 2022 average realised oil price of
$87.5/bbl.
Disclosure by government
Production Production Income Royalties Dividends Bonus Licence Infrastructure Merchant
Entitlements entitlements* taxes (cash payments fees improvement shipping
only) superintendant
levy
2022 bbls'000 USD'000 USD'000 USD'000 USD'000 USD'000 USD'000 USD'000 USD'000
---------------
Direction - - - - - 2000 - - -
Générale
des Hydrocarbures
--------------- ---------------- ---------- ------------ ------------ ----------- -------- ----------------- ---------------
Total Côte - - - - - 2000 - - -
d'Ivoire
-------------------- --------------- ---------------- ---------- ------------ ------------ ----------- -------- ----------------- ---------------
Adavnce - - 82,776 - - - - - -
CIT Trésor
Public
-------------------- --------------- ---------------- ---------- ------------ ------------ ----------- -------- ----------------- ---------------
Direction - - - 57,727 - - - - -
Général
des Impôts
-------------------- --------------- ---------------- ---------- ------------ ------------ ----------- -------- ----------------- ---------------
Total Gabon - - 82,776 57,727 - - - - -
-------------------- --------------- ---------------- ---------- ------------ ------------ ----------- -------- ----------------- ---------------
Ghana National
Petroleum
Corporation 831 72,687 - - - - - - -
---------------
Ghana Revenue
Authority - - 162,018 - - - 78 2,664 -
--------------- ---------------- ---------- ------------ ------------ ----------- -------- ----------------- ---------------
Total Ghana 831 72,687 162,018 - - - 78 2,664 -
-------------------- --------------- ---------------- ---------- ------------ ------------ ----------- -------- ----------------- ---------------
Mauritanian - - - - - - 35 - -
Finance
Ministry
& Direction
of Environmental
Commission
-------------------- --------------- ---------------- ---------- ------------ ------------ ----------- -------- ----------------- ---------------
Total Mauritania - - - - - - 35 - -
-------------------- --------------- ---------------- ---------- ------------ ------------ ----------- -------- ----------------- ---------------
Ministry
of Energy
and Petroleum - - - - - - 549 - 12
-------------------- --------------- ---------------- ---------- ------------ ------------ ----------- -------- ----------------- ---------------
Total Kenya - - - - - - 549.38 - 12
---------------
Secretary - - - - - - 367 - -
of Energy,
Ministry
of Economy
--------------- ---------------- ---------- ------------ ------------ ----------- -------- ----------------- ---------------
Total Argentina - - - - - - 367 - -
---------------
Guyana Geology - - - - - - 40 - -
and Mines
Commission
(GGMC)
--------------- ---------------- ---------- ------------ ------------ ----------- -------- ----------------- ---------------
Total Guyana - - - - - - 40 - -
---------------
Her Majesties - - -22,411 - - - - - -
Revenue
and Customs
--------------- ---------------- ---------- ------------ ------------ ----------- -------- ----------------- ---------------
Total UK - - -22,411 - - - - - -
-------------------- --------------- ---------------- ---------- ------------ ------------ ----------- -------- ----------------- ---------------
Total 831 72,687 222,382 57,727 0 2,000 1,069 2,664 12
*Where production entitlement is paid in barrels this has been
multiplied by the Group's 2022 average realised oil price of
$87.5/bbl.
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