TULLOW OIL PLC

Environmental & Social Information • Sep 8, 2023

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author: richard.miller
date: 2023-09-08 14:12:00+00:00

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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

*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

*Where production entitlement is paid in barrels this has been multiplied by the Group’s 2022 average realised oil price of $87.5/bbl.

	European transparency directive disclosure	European transparency directive disclosure	European transparency directive disclosure	European transparency directive disclosure	European transparency directive disclosure	European transparency directive disclosure	European transparency directive disclosure	European transparency directive disclosure
2022	Production entitlements	Production entitlements	Income taxes	Royalties (cash only)	Bonus payments	Licence fees	Infrastructure improvement payments	Merchant shipping superintendant levy
Licence / Company level	BBL000	$000	$000	$000	$000	$000	$000	$000
CI-803	-	-	-	-	2,000	-	-	-
CI-26 Espoir	-	-	-	-	-	-	-	-
Total Cote d'Ivoire	-	-	-	-	2,000	-	-	-
Echira	-	-	-	5,750	-	-	-	-
Limande	-	-	-	5,016	-	-	-	-
M'Oba	-	-	-	32	-	-	-	-
Niungo	-	-	-	3,885	-	-	-	-
Oba	-	-	-	2,067	-	-	-	-
Simba	-	-	-	28,111	-	-	-	-
Tchatamba Marin	-	-	-	12,618	-	-	-	-
Turnix	-	-	-	248	-	-	-	-
Tullow Oil Gabon SA	-	-	82,776	-	-	-	-	-
Total Gabon	-	-	82,776	57,727	-	-	-	-
Deep Water Tano	-	-	-	-	-	59	-	-
Jubilee Field Unit Area	583	51,009	-	-	-	-	-	-
TEN Development Area	248	21,677	-	-	-	-	968	-
West Cape Three Points	-	-	-	-	-	18	-	-
Tullow Ghana Ltd.	-	-	162,018	-	-	-	1,696
Total Ghana	831	72,687	162,018	-	-	78	2,664	-
PSC B (Chinguetti EEA)	-	-	-	-	-	35	-	-
Total Mauritania	-	-	-	-	-	35	-	-
Block 10BA	-	-	-	-	-	306	-	-
Block 12B	-	-	-	-	-	243	-	-
Tullow Kenya B.V.	-	-	-	-	-	-	-	12
Total Kenya	-	-	-	-	-	549	-	12
Block MLO 114	-	-	-	-	-	146	-	-
Block MLO 119	-	-	-	-	-	112	-	-
Block MLO 122	-	-	-	-	-	108	-	-
Total Argentina	-	-	-	-	-	367	-	-
Orinduik	-	-	-	-	-	40	-	-
Total Guyana	-	-	-	-	-	40	-	-
Tullow Oil SPE Limited	-	-	- 4,094	-	-		-	-
Tullow Oil SK Limited	-	-	- 18,317	-	-	-	-	-
Total UK	-	-	- 22,411	-	-	-	-	-
	831	72,687	222,382	57,727	2,000	1,069	2,664	12

	Production Entitlements	Production Entitlements	Production entitlements*	Production entitlements*	Income taxes	Income taxes	Royalties (cash only)	Royalties (cash only)	Royalties (cash only)	Dividends	Dividends	Dividends	Bonus payments	Bonus payments	Bonus payments	Licence fees	Licence fees	Infrastructure improvement	Infrastructure improvement	Infrastructure improvement	Merchant shipping superintendant levy	Merchant shipping superintendant levy	Merchant shipping superintendant levy
2022	bbls’000	bbls’000	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000	USD'000
Direction Générale des Hydrocarbures	-	-	-	-	-	-	-	-	-	-	-	-	2000	2000	2000	-	-	-	-	-	-	-	-
Total Côte d'Ivoire	-	-	-	-	-	-	-	-	-	-	-	-	2000	2000	2000	-	-	-	-	-	-	-	-
Adavnce CIT Trésor Public	-	-	-	-	82,776	82,776	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Direction Général des Impôts	-	-	-	-	-	-	57,727	57,727	57,727	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Gabon	-	-	-	-	82,776	82,776	57,727	57,727	57,727	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Ghana National Petroleum Corporation	831	831	72,687	72,687	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Ghana Revenue Authority	-	-	-	-	162,018	162,018	-	-	-	-	-	-	-	-	-	78	78	2,664	2,664	2,664	-	-	-
Total Ghana	831	831	72,687	72,687	162,018	162,018	-	-	-	-	-	-	-	-	-	78	78	2,664	2,664	2,664	-	-	-
Mauritanian Finance Ministry & Direction of Environmental Commission	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35	35	-	-	-	-	-	-
Total Mauritania	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35	35	-	-	-	-	-	-
Ministry of Energy and Petroleum	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	549	549	-	-	-	12	12	12
Total Kenya	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	549.38	549.38	-	-	-	12	12	12
Secretary of Energy, Ministry of Economy	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	367	367	-	-	-	-	-	-
Total Argentina	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	367	367	-	-	-	-	-	-
Guyana Geology and Mines Commission (GGMC)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40	40	-	-	-	-	-	-
Total Guyana	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40	40	-	-	-	-	-	-
Her Majesties Revenue and Customs	-	-	-	-	-22,411	-22,411	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total UK	-	-	-	-	-22,411	-22,411	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total	831	831	72,687	72,687	222,382	222,382	57,727	57,727	57,727	0	0	0	2,000	2,000	2,000	1,069	1,069	2,664	2,664	2,664	12	12	12