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Petrofac Limited: Report on Payments to Governments for the year ended 31 December 2020

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Petrofac Limited ( PFC)
28-Jun-2021 / 14:58 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

Press Release

 

 

Petrofac Limited

(the Company)

 

Reports on Payments to Governments for the year ended 31 December 2020.

Petrofac today provides information in accordance with DTR 4.3A of the Financial Conduct Authority's Disclosure Rules and Transparency Rules in respect of payments made by the Company to governments for the year ended 31 December 2020 and in compliance with The Reports on Payments to Governments Regulations 2014 (SI 2014/3209).

The following schedules detail the payments made by, or to, Petrofac Limited and its subsidiary undertakings to, or from, the governments of Malaysia, Mexico and Thailand in relation to operating oil and gas fields to which the business had an interest during the reporting period:

Year ended 31 December 2020

 

Malaysia

 

 

 

 

 

 

 

 

 

 

 

Project Report

 

 

 

 

 

 

 

 

 

 

Taxes

 

Royalties2

 

Fees

 

Total

 

 

 

 

Volume

Value

 

 

 

 

 

 

US$'0001

 

 '000 bbls

US$'0001

 

US$'0001

 

US$'0001

 

 

 

 

 

 

 

 

 

 

 

PM304

1

 

104

4,516

 

239

 

4,756

 

2020 Total

1

 

104

4,516

 

239

 

4,756

 

 

 

 

 

 

 

 

 

 

 

 

Government Report

 

 

 

 

 

 

 

 

 

Taxes

 

Royalties2

 

Fees

 

Total

 

 

 

 

Volume           Value

 

 

 

 

 

 

US$'0001

 

'000 bbls

US$'0001

 

US$'0001

 

US$'0001

 

 

 

 

 

 

 

 

 

 

 

Inland Revenue Board

1

 

-

-

 

-

 

1

 

PETRONAS

-

 

104

4,516

 

239

 

4,755

 

2020 Total

1

 

104

4,516

 

239

 

4,756

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mexico

 

 

 

 

 

 

 

 

 

 

 

Project Report

 

 

 

 

 

 

 

 

 

 

Taxes

 

Royalties

 

Fees

 

Total

 

 

 

 

Volume

Value

 

 

 

 

 

 

US$'000

 

 '000 bbls

US$'000

 

US$'000

 

US$'000

 

 

 

 

 

 

 

 

 

 

 

Petrofac Mexico

-

 

438

12,428

 

-

 

12,428

 

2020 Total

-

 

438

12,428

 

-

 

12,428

 

 

 

 

 

 

 

 

 

 

 

 

Government Report

 

 

 

 

 

 

 

 

 

 

Taxes

 

Royalties

 

Fees

 

Total

 

 

 

 

Volume

Value

 

 

 

 

 

 

US$'000

 

'000 bbls

US$'000

 

US$'000

 

US$'000

 

 

 

 

 

 

 

 

 

 

 

National Hydrocarbons Commission

-

 

438

12,428

 

-

 

12,428

 

2020 Total

-

 

438

12,428

 

-

 

12,428

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Thailand

 

 

 

 

 

 

 

 

 

 

 

Project Report

 

 

 

 

 

 

 

 

 

 

Taxes3

 

Royalties

 

Fees

 

Total

 

 

 

 

Volume

Value

 

 

 

 

 

 

US$'0001

 

 '000 bbls

US$'000

 

US$'000

 

US$'0001

 

 

 

 

 

 

 

 

 

 

 

Jasmine

773

 

-

-

 

-

 

773

 

2020 Total

773

 

-

-

 

-

 

773

 

 

 

 

 

 

 

 

 

 

 

 

Government Report

 

 

 

 

 

 

 

 

 

 

Taxes3

 

Royalties

 

Fees

 

Total

 

 

 

 

Volume

Value

 

 

 

 

 

 

US$'0001

 

'000 bbls

US$'000

 

US$'000

 

US$'0001

 

 

 

 

 

 

 

 

 

 

 

The Revenue Department of Thailand

773

 

-

-

 

-

 

773

 

2020 Total

773

 

-

-

 

-

 

773

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Notes:

 

 

For further information contact:

 

Petrofac Limited 

+44 (0) 207 811 4900

 

Jonathan Yarr, Head of Investor Relations

jonathan.yarr@petrofac.com

 

Alison Flynn, Group Head of Communications

alison.flynn@petrofac.com

+44 (0) 207 811 4913

 

Tulchan Communications Group

+44 (0) 207 353 4200

petrofac@tulchangroup.com

 

Martin Robinson

 

 

 

NOTES TO EDITORS

Petrofac

 

Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world's leading energy companies.

 

Petrofac designs, builds, manages and maintains oil, gas, refining, petrochemicals and renewable energy infrastructure. Our purpose is to enable our clients to meet the world's evolving energy needs. Our four values - driven, agile, respectful and open - are at the heart of everything we do.

 

Petrofac's core markets are in the Middle East and North Africa (MENA) region and the UK North Sea, where we have built a long and successful track record of safe, reliable and innovative execution, underpinned by a cost effective and local delivery model with a strong focus on in-country value. We operate in several other significant markets, including India, South East Asia and the United States. We have 9,400 employees based across 31 offices globally.

 

Petrofac is quoted on the London Stock Exchange (symbol: PFC).  

 

For additional information, please refer to the Petrofac website at www.petrofac.com  

 

 


ISIN:

GB00B0H2K534

Category Code:

PGR

TIDM:

PFC

LEI Code:

2138004624W8CKCSJ177

OAM Categories:

1.3. Payments to governments

Sequence No.:

114077

EQS News ID:

1212841


 

End of Announcement

EQS News Service

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