If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTullow Oil Regulatory News (TLW)

Share Price Information for Tullow Oil (TLW)

Share Price is delayed by 15 minutes
Get Live Data
11.84    0.30 (2.60%)
Bid:
11.72
Ask:
11.86
Spread: 0.14 (1.195%)
Market Cap: £179.38m
TLW Live PriceLast checked at - London Stock Exchange

Intraday Tullow Oil Share Chart

Report on Payments to Governments

8 Sep 2023 15:30

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 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

 

*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 Entitlements

Production entitlements*

Income taxes

Royalties (cash only)

Dividends

Bonus payments

Licence fees

Infrastructure improvement

Merchant shipping superintendant levy

 

2022

bbls'000

USD'000

USD'000

USD'000

USD'000

USD'000

USD'000

USD'000

USD'000

 

Direction Générale des Hydrocarbures

-

-

-

-

-

2000

-

-

-

 

Total Côte d'Ivoire

-

-

-

-

-

2000

-

-

-

 

Adavnce CIT Trésor Public

-

-

82,776

-

-

-

-

-

-

 

Direction Général des Impôts

-

-

-

57,727

-

-

-

-

-

 

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 Finance Ministry & Direction of Environmental Commission

-

-

-

-

-

-

35

-

-

 

Total Mauritania

-

-

-

-

-

-

35

-

-

 

Ministry of Energy and Petroleum

-

-

-

-

-

-

549

-

12

 

Total Kenya

-

-

-

-

-

-

549.38

-

12

 

Secretary of Energy, Ministry of Economy

-

-

-

-

-

-

367

-

-

 

Total Argentina

-

-

-

-

-

-

367

-

-

 

Guyana Geology and Mines Commission (GGMC)

-

-

-

-

-

-

40

-

-

 

Total Guyana

-

-

-

-

-

-

40

-

-

 

Her Majesties Revenue and Customs

-

-

-22,411

-

-

-

-

-

-

 

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.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
PGRZZGGLDRRGFZM
Date   Source Headline
1st Jul 20263:00 pmRNSBlock Listing Interim Review
24th Jun 20269:32 amRNSRepayment of c.$48 million of Senior Notes
17th Jun 202611:00 amRNSDirector/PDMR Shareholding
15th Jun 20263:46 pmRNSDirector/PDMR Shareholding
15th Jun 20269:30 amRNSDirector/PDMR Shareholding
10th Jun 20261:28 pmRNSResult of AGM
10th Jun 20267:00 amRNSAGM Trading Update
1st Jun 202611:00 amRNSTotal Voting Rights
26th May 202612:45 pmRNSDirector/PDMR Shareholding
21st May 202611:22 amRNSBlock Listing Application
5th May 202610:00 amRNSTotal Voting Rights
30th Apr 20267:00 amRNSPublication of Annual Report and Notice of AGM
28th Apr 20267:00 amRNSFull Year Results
27th Apr 20263:47 pmRNSRefinancing Transaction successfully completed
22nd Apr 20261:31 pmRNSRefinancing Transaction Update
8th Apr 20269:24 amRNSRefinancing Transaction Update
8th Apr 20267:00 amRNSAppointment of four Independent NEDs
25th Mar 20262:17 pmRNSLaunch of Consent Solicitation
17th Mar 202610:06 amRNSDirector/PDMR Shareholding
9th Mar 20265:09 pmRNSReceipt of Tranche B payment for Kenya assets sale
26th Feb 20264:47 pmRNSRefinancing Transaction Update
20th Feb 20267:01 amRNSTrading Statement
20th Feb 20267:00 amRNSGhana Petroleum Agreements Extended
20th Feb 20267:00 amRNSRefinancing Transaction and Lock-Up Agreement
20th Feb 20267:00 amRNSTullow signs SPA to acquire TEN FPSO in Ghana
8th Dec 20251:30 pmRNSDirector/PDMR Shareholding
1st Dec 20257:00 amRNSAppointment of Independent Non-Executive Chair
28th Nov 20252:30 pmRNSBlock listing Interim Review
21st Nov 20257:00 amRNSNovember Trading Update
3rd Nov 202511:00 amRNSTotal Voting Rights
7th Oct 202510:55 amRNSDirector/PDMR Shareholding
1st Oct 202510:50 amRNSTotal Voting Rights
30th Sep 20251:40 pmRNSDirector/PDMR Shareholding
26th Sep 202512:52 pmRNSTullow publishes reserves report
25th Sep 20253:08 pmRNSTullow completes sale of Kenya assets
5th Sep 20257:00 amRNSAppointment of Chief Executive Officer
1st Sep 202510:45 amRNSTotal Voting Rights
7th Aug 202511:00 amRNSDirector/PDMR Shareholding
7th Aug 202510:15 amRNSTotal Voting Rights
6th Aug 20257:00 amRNS2025 Half Year Results
30th Jul 20257:00 amRNSDirectorate Change
29th Jul 20253:33 pmRNSTullow completes sale of Gabon assets
21st Jul 20256:02 pmRNSSPA for sale of Kenyan assets to Gulf Energy
1st Jul 202510:35 amRNSTotal Voting Rights
26th Jun 202511:45 amRNSDirector/PDMR Shareholding
4th Jun 20257:00 amRNSMoU signed to extend Ghana production licences
2nd Jun 20253:00 pmRNSTotal Voting Rights
30th May 20259:55 amRNSBlock listing Interim Review
27th May 20253:20 pmRNSBlock Listing Application
22nd May 20251:35 pmRNSResult of AGM

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.