Company Announcements

Report on Payments to Govts

Source: RNS
RNS Number : 8947Z
Harbour Energy PLC
18 May 2023
 

HARBOUR ENERGY PLC

("Harbour" or the "Company")

Report on Payments to Governments for the year ended 31 December 2022

Harbour today provides information in accordance with DTR 4.3A in respect of payments made by the Company to governments for the year ended 31 December 2022 and in compliance with The Reports on Payments to Governments Regulations 2014 (SI 2014/3209).

This information, together with the basis of preparation, can also be found on pages 177 to 179 of the 2022 Annual Report and Financial Statements which is available to download at: harbourenergy.com/investors/  

Payments by Licence

Country

Licence/company level

Production entitlements

Production entitlements

Income taxes

Royalties (cash only)

Dividends

Bonus payments

Licence fees

Infrastructure improvement payments

Total

 


bbls (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

Falkland Islands

 

Sea Lion

                         -  

                         -  

                          -  

                   

  -  

              

      -  

              

    -  

               

 200

                              -  

 

200

 

 

Corporate

                         -  

                         -  

                          -  

                   

  -  

              

      -  

              

    -  

 

276

 

-

 

276

 

 

Total Falkland Islands

                         -  

                         -  

                          -  

                   

  -  

              

      -  

              

    -  

               

 476

                              -  

 

476

 

Indonesia

 

Natuna Sea Block A

                  3,673

             291,474

                65,557

               

      -  

                  

  -  

              

    -  

              

     -  

                              -  

                 357,031

 

 

Total Indonesia

                  3,673

             291,474

                65,557

               

      -  

                  

  -  

              

    -  

              

     -  

                              -  

                 357,031

 

Mexico

 

Block 11

                         -  

                         -  

                          -  

                 

    -  

                 

   -  

             

     -  

 

578               

                              -  

 

578                        

 

 

Block 13

                         -  

                         -  

                          -  

                 

    -  

             

       -  

               

   -  

          

      544

                              -  

 

544

 

 

Total Mexico

                         -  

                         -  

                          -  

                 

    -  

                 

   -  

             

     -  

           

1,122

                              -  

                      1,122

Norway

Corporate

                         -  

                         -  

(46,213)

               

      -  

                

    -  

        

          -  

                

    -  

        

          -  

(46,213)

 

 

Total Norway

                         -  

                         -  

 

(46,213)

               

      -  

                

    -  

        

          -  

                

    -  

        

          -  

(46,213)

United Kingdom

 

Central North Sea

                         -  

                         -  

                          (304)

               

      -  

                

    -  

        

          -  

                

7,108

                              -  

                          6,804

 

 

Southern North Sea

                         -  

                         -  

                           (7,146)

             

        -  

                

    -  

           

       -  

             

2,791

                              -  

                          (4,355)


 

East Irish Sea

                         -  

                         -  

                          -  

                  

   -  

             

       -  

            

      -  

           

1,632

                              -  

                              1,632


 

West of Shetland

                         -  

                         -  

                          -  

                 

    -  

            

        -  

             

     -  

             

   324

                              -  

                          324


 

Other

                         -  

                         -  

                          -  

                 

    -  

                

    -  

           

       -  

              

  213

                              -  

                         213


 

Corporate

                         -  

                         -  

                    521,172

                 

    -  

            

        -  

             

     -  

                 

  -  

                              -  

                       521,172

 

 

Total UK

                         -  

                         -  

                   

513,722

                

     -  

             

       -  

                

  -  

        

     12,068

                              -  

                       525,790

 

Vietnam

 

Chim Sáo

                      154

               14,470

                          -  

                  

   -  

              

      -  

              

 450

          

         -  

                              -  

                   14,920


 

Corporate

                         -  

                         -  

                21,472

         

  8,848

                  

  -  

             

     -  

              

     -  

                              -  

                   30,320

 

 

Total Vietnam

                      154 

               14,470

                21,472

          

 8,848

                  

  -  

           

    450

              

     -  

                              -  

                 45,240

 

Total Group


                  3,827

             305,944

                554,538

          

 8,848

                 

   -  

             

  450

            

13,666

                              -  

                 883,446

 

 

 

 

 

 

 

 

 

 

 

 

 

Payments by Government

Country

Government           

Production entitlements

Production entitlements

Income taxes

Royalties (cash only)

Dividends

Bonus payments

Licence fees

Infrastructure improvement payments

Total

 

 

bbls (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

US$ (000)

Falkland Islands

Falkland Island Government - Department of Mineral Resources

                         -  

                         -  

                          -  

                    

 -  

              

      -  

               

   -  

                

476

                              -  

                         476

 

 

Total Falkland Islands

                         -  

                         -  

                          -  

                   

  -  

               

     -  

            

      -  

             

476

                              -  

                         476

Indonesia

SKK Migas

                  3,673

            

291,474

                          -  

                

     -  

              

      -  

         

         -  

                

   -  

                              -  

                 291,474


Directorate General of Taxes

                         -  

                         -  

                65,557

                

     -  

               

     -  

             

     -  

               

    -  

                              -  

                    65,557

 

 

Total Indonesia

                  3,673

 

291,474

                65,557

                   

  -  

                

    -  

             

     -  

              

     -  

                              -  

                 357,031

Mexico

Fondo Mexicano del Petróleo para la Estabilización y el Desarrollo (FMP)

                         -  

                         -  

                          -  

                  

   -  

                

    -  

              

    -  

             

   969

                              -  

                         969

 

Servicio de Administración Tributaria (SAT)

                         -  

                         -  

                          -  

                 

    -  

                

    -  

              

    -  

              

  153

                              -  

                         153

 

 

Total Mexico

                         -  

                         -  

                          -  

                

     -  

                  

  -  

            

      -  

           

 1,122

                              -  

                       1,122

Norway

Tax authorities

(Skattetaten)

                         -  

                         -  

 

(46,213)

                

     -  

                  

  -  

            

      -  

                  

  -  

            

      -  

 

(46,213)

 

 

Total Norway

                         -  

                         -  

 

 (46,213)

                

     -  

                  

  -  

            

      -  

                  

  -  

            

      -  

 

 (46,213)

United Kingdom

HM Revenue & Customs

                         -  

                         -  

                    513,722

                 

    -  

                  

  -  

             

     -  

                 

  -  

                              -  

                       513,722


The North Sea

Transition Authority

                         -  

                         -  

                          -  

                  

   -  

                  

  -  

            

      -  

           

 11,436

                              -  

                       11,436


 

The Crown Estate

                         -  

                         -  

                          -  

                  

   -  

                  

  -  

            

      -  

418

-

418


 

Crown Estate Scotland

                         -  

                         -  

                          -  

                  

   -  

                  

  -  

            

      -  

214

-

214

 

 

Total UK

                         -  

                         -  

                    513,722

                

     -  

                  

  -  

              

    -  

          

  12,068

                              -  

                      525,790

 

Vietnam

 

Petro Vietnam

                      154

               14,470

                          -  

                    

 -  

                

    -  

              

 450

              

     -  

                              -  

                   14,920

 

 

HCM Tax Department

                         -  

                         -  

                21,472

             

 5,285

                

    -  

              

    -  

          

         -  

                              -  

                   26,757


Vung Tau Customs office

                         -  

                         -  

                          -  

             

  3,563

                  

  -  

                 

 -  

                

   -  

                              -  

                      3,563

 

 

Total Vietnam

                      154

               14,470

                21,472

         

  8,848

                  

  -  

            

   450

              

     -  

                              -  

                 45,240

Total Group


                  3,827

            

305,944

                554,538

           

8,848

               

     -  

           

    450

        

    13,666

                              -  

                 883,446

 

 

Enquiries:

Harbour Energy plc                                                         Tel: 020 7730 1111

Elizabeth Brooks, Head of Investor Relations                 

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