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TULLOW OIL PLC
Environmental & Social Information • Jun 24, 2021
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National Storage Mechanism | Additional information 
RNS Number : 0009D
Tullow Oil PLC
24 June 2021
Tullow Oil plc
Report on payments to governments for the year 2020
Introduction
Tullow Oil plc has prepared the following consolidated report in respect of payments made to governments for the year ended 31 December 2020 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/7416/1652/0285/2020_Payment_to_Government_Report.pdf
Disclosure by licence and country
| Production Entitlement | Production Entitlements* |
Income Taxes | Royalties (Cash only) |
Dividends | Bonus Payments | Licence Fees | Infrastructure Improvement | |
| BBL000 | $000 | $000 | $000 | $000 | $000 | $000 | $000 | |
| CI-26 Espoir | - | 768 | - | - | - | - | - | - |
| Total Cote d'Ivoire | - | 768 | - | - | - | - | - | - |
| Ceiba | 101 | 5,141 | - | - | - | - | - | - |
| Okume Complex | 211 | 10,740 | - | - | - | - | - | - |
| Tullow Equatorial Guinea Ltd | - | - | 20,744 | - | - | - | - | - |
| Total Equatorial Guinea | 312 | 15,881 | 20,744 | - | - | - | - | - |
| Echira | - | - | - | 1,954 | - | - | - | - |
| Ezanga | - | - | - | 3,093 | - | - | - | - |
| Limande | - | - | - | 1,620 | - | - | - | - |
| M'Oba | - | - | - | 84 | - | - | - | - |
| Niungo | - | - | - | 2,327 | - | - | - | - |
| Oba | - | - | - | 776 | - | - | - | - |
| Ruche | - | - | - | 977 | - | - | - | - |
| Simba | - | - | - | 5,391 | - | - | - | - |
| Tchatamba Marin | - | - | - | 5,572 | - | - | - | - |
| Turnix | - | - | - | 1,009 | - | - | - | - |
| Tullow Oil Gabon SA | - | - | 78,253 | - | - | - | - | - |
| Total Gabon | - | - | 78,253 | 22,803 | - | - | - | - |
| Deep Water Tano | - | - | - | - | - | - | 59 | - |
| Jubilee Field Unit area | 540 | 27,486 | - | - | - | - | - | - |
| TEN Development area | 420 | 21,378 | - | - | - | - | - | 68 |
| West Cape Three Points | - | - | - | - | - | - | 18 | - |
| Tullow Ghana Ltd | - | - | 31,409 | - | - | - | - | 3,227 |
| Total Ghana | 960 | 48,864 | 31,409 | - | - | - | 77 | 3,295 |
| PSC B (Chinguetti EEA) | - | - | - | - | - | - | 35 | - |
| Block C-3 | - | - | - | - | - | - | 10,000 | - |
| Total Mauritania | - | - | - | - | - | - | 10,035 | - |
| Block 12B | - | - | - | - | - | - | 93 | - |
| Tullow Kenya B.V. | - | - | - | - | - | - | - | 1 |
| Total Kenya | - | - | - | - | - | - | 93 | 1 |
| PEL 37 | - | - | - | - | - | - | 129 | - |
| PEL 90 | - | - | - | - | - | - | 40 | - |
| Total Namibia | - | - | - | - | - | - | 169 | - |
| Tullow Uganda Operation Pty Ltd | - | - | - | - | - | - | 158 | - |
| Total Uganda | - | - | - | - | - | - | 158 | - |
| Block MLO 114 | - | - | - | - | - | - | 25 | - |
| Block MLO 119 | - | - | - | - | - | - | 19 | - |
| Block MLO 122 | - | - | - | - | - | - | 18 | - |
| Total Argentina | - | - | - | - | - | - | 62 | - |
| Production entitlements | Production entitlements* | Income taxes |
Royalties (cash only) |
Dividends | Bonus payments | Licence fees |
Infrastructure improvement | |
| BBL 000 | $000 | $000 | $000 | $000 | $000 | $000 | $000 | |
| Block 35 | - | - | - | - | - | - | 16 | - |
| Block 36 | - | - | - | - | - | - | 16 | - |
| Block 37 | - | - | - | - | - | - | 16 | - |
| Total Comoros | - | - | - | - | - | - | 48 | - |
| Tullow Peru Ltd | - | - | 149 | - | - | - | - | - |
| Total Peru | - | - | 149 | - | - | - | - | - |
| Orinduik | - | - | - | - | - | - | 40 | - |
| Total Guyana | - | - | - | - | - | - | 40 | - |
| P039 | - | - | - | - | - | - | 5 | - |
| P060 | - | - | - | - | - | - | 5 | - |
| P852 | - | - | - | - | - | - | 5 | - |
| P037 | - | - | - | - | - | - | 5 | - |
| TOSK | - | - | (31,060) | - | - | - | - | - |
| Total UK | - | - | (31,060) | - | - | - | 20 | - |
*Where production entitlement is paid in barrels this has been multiplied by the Group's 2020 average realised oil price of $50.9/bbl.
Disclosure by government
| Production Entitlements |
Production entitlements* | Income taxes | Royalties (cash only) | Dividends | Bonus payments | Licence fees | Infrastructure improvement | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| bbls'000 | USD'000 | USD'000 | USD'000 | USD'000 | USD'000 | USD'000 | USD'000 | |||||||
| The Republic of Cote d'Ivoire, Ministry of Mines and Petroleum Resources | - | 768 | - | - | - | - | - | - | ||||||
| Total Côte d'Ivoire | - | 768 | - | - | - | - | - | - | ||||||
| Republic of Equatorial Guinea, Ministry of Mines, Industry and Energy | 312 | 15,881 | - | - | - | - | - | - | ||||||
| Ministere Du Budget Et Du Portefeuille De L'Etat, Direction Générale Des Impôts | - | - | 20,744 | - | - | - | - | - | ||||||
| Total Equatorial Guinea | 312 | 15,881 | 20,744 | - | - | - | - | - | ||||||
| DGE (General management of taxes) | - | - | 78,253 | - | - | - | - | - | ||||||
| Gabonese Public Treasury - Ministry of Finance | - | - | - | 22,803 | - | - | - | - | ||||||
| Total Gabon | - | - | 78,253 | 22,803 | - | - | - | - | ||||||
| Ghana National Petroleum Corporation | 960 | 48,864 | - | - | - | - | - | - | ||||||
| Ghana Revenue Authority | - | - | 31,409 | - | - | - | 77 | 3,295 | ||||||
| Total Ghana | 960 | 48,864 | 31,409 | - | - | - | 77 | 3,295 | ||||||
| Hydrocarbon Fund, République Islamique de Mauritanie | - | - | - | - | - | - | 10,000 | - | ||||||
| Mauritanian Finance Ministry & Direction of Environmental Commission | - | - | - | - | - | - | 35 | - | ||||||
| Total Mauritania | - | - | - | - | - | - | 10,035 | - | ||||||
| Ministry of Petroleum and Energy | - | - | - | - | - | - | 93 | 1 | ||||||
| Total Kenya | - | - | - | - | - | - | 93 | 1 | ||||||
| Ministry of Mines and Energy | - | - | - | - | - | - | 169 | - | ||||||
| Total Namibia | - | - | - | - | - | - | 169 | - | ||||||
| Ministry of Energy and Minerals Development | - | - | - | - | - | - | 158 | - | ||||||
| Total Uganda | - | - | - | - | - | - | 158 | - | ||||||
| Ministry of Energy and Mining | - | - | - | - | - | - | 62 | - | ||||||
| Total Argentina | - | - | - | - | - | - | 62 | - | ||||||
| Bureau Geologique des Comores | - | - | - | - | - | - | 48 | - | ||||||
| Total Comoros | - | - | - | - | - | - | 48 | - | ||||||
| Superintendencia Nacional de Aduanas y de Administración Tributaria | - | - | 149 | - | - | - | - | - | ||||||
| Total Peru | - | - | 149 | - | - | - | - | - | ||||||
| Guyana Geology and Mines Commission (GGMC) | - | - | - | - | - | - | 40 | - | ||||||
| Total Guyana | - | - | - | - | - | - | 40 | - | ||||||
| Department of Business, Energy & Industrial Strategy | - | - | - | - | - | - | 20 | - | ||||||
| Her Majesties Revenue and Customs | - | - | (31,060) | - | - | - | - | - | ||||||
| Total UK | - | - | (31,060) | - | - | - | 20 | - | ||||||
*Where production entitlement is paid in barrels this has been multiplied by the Group's 2020 average realised oil price of $50.9/bbl.
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