Payments Data

UK EITI annual payment data reconciliation 

A core part of EITI requires oil, gas and mining companies to disclose voluntarily their payments to government agencies and for the reconciliation of these payments with government receipts from these companies. This ‘reconciliation process’ takes place on an annual basis and is conducted by an independent administrator (in the UK’s case, BDO LLP), overseen by the UK EITI Multi-Stakeholder Group (MSG).

The UK has now conducted this reconciliation exercise ten times, meaning that we have now placed on public record ten years’ worth of verified data on the financial flows between industry and government, covering 2014–2023. Our aim in publishing this data is to explain the contribution that the extractive sectors are making to the economic and social development of the country and to increase public understanding of the social and economic impacts of the sector and enrich public debate on the governance and stewardship of the UK's oil, gas and mineral resources.

The results of the reconciliation process on 2023 payments data, which took place in 2024, can be found below. The results from previous years can be found in our Publications & Reports page, using the ‘UK EITI Reports’ and 'Payments Data' filters.

Other sources of extractives payments data

Separate to the UK EITI payment reconciliation exercise and complementing the information in this report, a number of companies have reported their 2023 payments to governments around the world, including to UK government entities, under the Reports on Payments to Governments Regulations 2014 and the Disclosure Requirements and Transparency Rules and Prospectus Rules (before 21 July 2019) and the Prospectus Regulation Rules, which implement the EU Accounting and Transparency Directives.

Since 2014, large and publicly listed extractives companies in the UK have been required to disclose payments they make to governments on a country-by-country and project-by-project basis. This information is filed with the Companies House extractive service (UK-incorporated companies) and the Financial Conduct Authority’s National Storage Mechanism (London Stock Exchange Main Market-listed companies).

There can be differences in the amounts reported under UK EITI and under the UK Regulations. These differences can relate to interpretation of the scope of payment categories, reporting currency and timing.

The Natural Resource Governance Institute maintains a database of Payments to Governments reports submitted by companies under UK, EU/EEA and equivalent Canadian legislation. Resource Projects provides a platform to collect, display, download and search extractive project information using open data. It aims to harvest data on project-by-project payments to governments—based on mandatory disclosure legislation—and link it to associated information about the project from a variety of sources.

The databases are as follows:

Introduction

The extractives sectors continue to make sizeable payments to the UK Government. In order to improve public understanding of these payments, UK EITI analyses these payments against each relevant tax and licence. The data is subject to a reconciliation exercise during which companies are requested to disclose their payments/repayments to HM Revenue & Customs (HMRC), The Crown Estate (TCE) or Crown Estate Scotland (CES) wherever these payments in a calendar year exceed a given threshold (£86,000). Government agencies are also asked to disclose their receipts from oil, gas, mining and quarrying groups. The independent administrator reconciles the declarations made by the companies with the data recorded by the government. The UK EITI website contains information on the oil and gas and mining and quarrying tax and licensing regimes.

This is the UK EITI’s tenth payments report. It provides detailed information on the reconciliation of payment streams between companies operating in the UK extractive sector and the relevant government agencies in 2023. The detailed data will be published on the UK EITI website

The reconciliation process consisted of the following steps: 

  • analysis of the reconciliation scope prepared by the UK EITI Multi-Stakeholder Group (MSG).
  • collection of payment data from government agencies and extractive companies which provide the basis for the reconciliation exercise. 
  • comparison of amounts reported by government agencies and extractive companies to determine if there were discrepancies between the two sources of information; and
  • contact with government agencies and extractive companies to resolve any discrepancies. 

Reconciliation Scope

For the year 2023, the following payment streams have been included: 

  • Oil and Gas (O&G) sector: combined total for Ring-Fence Corporation Tax (RFCT) and Supplementary Charge (SC), Petroleum Revenue Tax (PRT) and Advance Petroleum Revenue Tax (APRT), Energy (Oil and Gas) Profits Levy (EPL), payments to TCE and CES in respect of pipelines operated by companies that operate in UK extractive activities.
  • Mining and Quarrying (M&Q) sector: Corporation Tax (CT), extractive-related payments to TCE and CES. 

In line with the Reports on Payments to Government Regulations 2014, the materiality threshold applied to each revenue stream at group level remained unchanged at £86,000. The government agencies that were required to report for the 2023 UK EITI reconciliation exercise were HMRC, TCE and CES. 

Based on historical results of the reconciliation exercises, the MSG agreed that, for payments from 2022 onwards, petroleum licence fees and the OGA Levy should be disclosed unilaterally by the North Sea Transition Authority (NSTA). 

In addition, as in previous years, monetary payments to local planning authorities as part of planning obligations have been disclosed unilaterally by companies.

Extractive Industries Payments to/Repayments from UK Government

A total of 36 oil and gas companies and 13 mining and quarrying companies participated in the reconciliation exercise and formed the basis of the report compilation. This represents high industry participation covering 98.92% of potential in-scope payments as reported by government agencies. The MSG is grateful to all those companies that participated in the process this year. This report incorporates information collected up to 20 November 2024.

The table below summarises the reconciled extractive industries payments to and refunds from UK government agencies in 2023 and provides a breakdown of payments and refunds by sector and government agency. All material identified differences have been reconciled.

Table 1: Detailed Extractive Industries Payments to/Repayments from UK Government in 2023 [1]

This table provides an overview of the payments and refunds reported by extractive companies and government agencies in 2023, showing a net total £7.64 billion, made up of tax flows of over £7.99 billion offset by repayments of £0.35 billion. Most of these transactions cover RFCT/SC and EPL payments to HMRC. A net total of £70.53 million was reported by government agencies in respect of out-of-scope revenues, non- participating and out-of-scope companies and this is subtracted from the overall total, resulting in a net total of £7.57 billion reported by government and almost the same cumulative figure reported by in-scope companies. The final reconciliation shows a slight discrepancy of £215, which represents 0.000003% of the overall total of payments made in 2023

(£million)

Payment streamSectorRecipientAs per GovernmentAs per companiesDifference(a)
(1) In-scope revenues (reconciled)
RFCT & SCO&GHMRC

3,848.3

3,848.3 
EPLO&GHMRC

3.915.8

3.915.8

-

PRTO&GHMRC

-349.5

-349.5

-

Payments to TCEO&GTCE

1.9

1.9

 
Payments to CESO&GCES

1.6

1.6

-

CTM&QHMRC

119.1

119.1

-

Payments to TCEM&QTCE

24.4

24.4

-

Payments to CESM&QCES

-

-

-

 Sub-total (1)

7,561.6

7,561.6

-

 

(2) Non-participating companies (unilateral disclosure) (b)
EPLO&GHMRC

5.6

 

 

RFCT & SCO&GHMRC

-5.3

 

 

CTM&QHMRC

2.9

  
Payments to TCEM&QTCE

1.2

  
Payments to CESM&QCES

0.3

  
 Sub-total (2)

4.7

 

 

(3) Out-of-scope companies (unilateral disclosure) (c)
EPLO&GHMRC

0.1

  
Payments to TCEO&GTCE

0.0

  
Payments to CESO&GCES

0.0

  
CTM&QHMRC

0.1

  
 Sub-total (3)

0.2

  
(4) Out-of-scope revenues (unilateral disclosure)
PLFO&GNSTA

46.9

  
OGA LevyO&GNSTA

30.4

  
Section 106 (or similar) PaymentsM&QLocal Authorities

0.2

0.2

 
 Sub-total(4)

77.5

0.2

 
All revenues
EPLO&G

HMRC

3,291.4

 
RFCT & SCO&G

HMRC

3,842.9

 
PRTO&G

HMRC

-349.5

 
PLF O&GNSTA46.9 
OGA LevyO&GNSTA30.4 
Payments to TCEO&GTCE2.0 
Payments to CESO&GCES1.7 
Total O&G  7,495.8 
CTM&Q

HMRC

122.0

 
Payments to TCEM&Q

TCE

25.7

 
Payments to CESM&QCES

0.3

 
Section 106 (or similar) PaymentsM&QLocal Authorities

0.2

 
Total M&Q  148.2 
Total (1-4)  

7,644.0

 

(a) All net unreconciled differences were below the materiality deviation agreed by the MSG.
(b) Comprises extractive companies with material payments that declined to participate in the reconciliation process.
(c) Comprises extractive companies out of the reconciliation scope because their payments / refunds were below the agreed materiality thresholds and non-material payment / refunds for companies that were in scope

Table 2: Extractive Industries Payments to/Refunds from UK Government in 2023 

This table shows the breakdown of payments and refunds reported by government agencies detailed by sector and government agency.

(£million)

Sector / RecipientHMRCNSTATCECESLAsALL
O&G

7,414.8

77.3

2.0

1.7

0.0

7,495.8

%

98.9%

1.0%

0.0%

0.0%

0.0%

100.0%

M&Q

122.0

0.0

25.7

0.3

0.2

148.2

%

82.3%

0.0

17.3%

0.2%

0.1%

100.0%

Total

7,536.9

77.3

27.7

2.1

0.2

7,644.0

%

98.6%

1.0%

0.4%

0.0%

0.0%

100.0%

Breakdown of Reconciled Data by Company and Sector

The two tables below set out the detailed results of the reconciliation exercise with post-reconciliation differences noted between amounts reported as paid by in-scope extractive companies and amounts reported as received by government agencies.[2]

Table 3: Oil & gas companies

This table lists the oil and gas companies that participated in the 2023 reconciliation process and provides a breakdown of their total payments and receipts that were above the agreed materiality thresholds.

(in £000)

CompaniesAs reported by Government AgenciesTotal
reported
by
company
PLF[2]OGA Levy[3]RFCT & SCPRTEPLPayments
to TCE
Payments
to CES
Total in-scope payment streams
ABCDEFG(C-G)
Anasuria Hibiscus UK Ltd120435,046    5,0465,209
Apache Corporation1,251843200,109 142,431  342,540344,634
BP Plc4,2831,620907,000-90.596621,000 2691,437,6731,443,575
CalEnergy Gas Ltd   -392   -392-392
Centrica Plc2,1531,691102,622-2,834120,317  220,105223,948
Chevron  93,539 61,019  154,558154,558
CNOOC Petroleum Europe Ltd2,775619288,000 155,000  443,000446,395
CNR International UK Invest. Ltd149571-4,608-39,380   -43,987-43,268
Dana Petroleum Ltd16461937,224-1,67470,843  106,394107,177
ENI UK Ltd1,040474200,103-254212,230  412,079413,593
EnQuest Plc1,307690282 17,683 11318,07820,074
Equinor UK Ltd2,5191,2467,846 12,316  20,16223,927
Everard Energy Ltd[4]    120  120120
ExxonMobil International Ltd2 19,465-58,79477,000  37,67137,673
Harbour Energy Plc4,8943,70613,623-6,970312,500511157319,821328,422
Humbly Grove Energy Ltd12 1,178    1,1781,190
INEOS Industries1,024367 -1,32939,99118322339,06840,459
Iranian Oil Company (U.K.) Ltd  104,491 78,835  183,326183,326
Ithaca Energy UK3,3221,07972,010-17273,500  145,338149,739
Neo Energy Production UK Ltd1,203821 -1,151214,684  213,533215,558
Neptune Energy Group Ltd1,975367-6,296    -6,296-3,954
NSMP Operations Ltd      207207207
ONE-Dyas UK Ltd4074988,111 90,700  178,811179,267
Perenco UK Ltd2,0331,938216,020-7,760144,623561 353,445357,415

Prax Upstream Ltd[5]

445109  3,042  3,0423,597
Repsol Resources UK Ltd1,5882,519-39,011-41,5006,231  -74,281-70,173
RockRose14222855,681 23,349  79,03079,400
SAGE North 
Sea Ltd
      259259259
Serica Energy 
Plc
555733181,047 98,730  279,777281,065
Shell plc3,0363,69029,987-61,960369,000651142337,820344,547
Suncor Energy UK Ltd 2589,565 39,342  128,907128,932
TAQA Bratani Ltd9211,369121,724-31,175105,583  196,132198,422
TotalEnergies Holdings UK Ltd3,9082,6521,069,329 820,519 2581,890,1061,896,666
Tullow Oil Plc  -9,520-2,329    -11,849
Waldorf Production UK Ltd735256 -1,208   -1,208-217

Wintershall Noordzee B.V

6403423,688 5,164  8,8539,835
Other payments4,277 -5,346 5,6463948 6,420
Total46,88130,4423,842,910-349,4773,921,3991,9461,6757,429,9147,495,756

Table 4: Mining & Quarrying companies

This table lists the mining and quarrying companies that participated in the 2023 reconciliation process and provides a breakdown of their total corporation tax payments and receipts and their total payments made to TCE that exceeded the materiality threshold. There were no payments by these companies to CES. 

(in £000)

Companies

As reported by Government Agencies

 

Total reported by company

Corporation TaxPayments to TCEPayments to CESSection 106 (or similar) PaymentsTotal
Aggregate Industries UK Ltd

16,528

984

 199

17,711

17,711

Albion Stone

 

143

  

143

143

Boskalis Westminster Holdings Ltd

2,189

1,276

  

3,465

3,465

Breedon Group PLC

26,062

437

  

26,500

26,500

Britannia Aggregates Ltd

 

1,066

  

1,066

1,066

Cemex UK Materials Ltd

991

7,389

  

8,380

8,380

DEME Building Materials Ltd

 

1,787

  

1,787

1,787

Heidelberg Materials UK [6]

15,000

3,398

  

18,938

18,938

Irish Salt Mining & Exploration Co. Ltd

1,496

 

  

1,496

1,496

Saint-Gobain Ltd

32,446

 

  

32,446

32,446

Tarmac Holdings Limited

22,012

4,140

  

26,152

26,152

Van Oord UK Ltd

2,173

496

  

2,669

2,669

Volker Dredging Ltd

183

2,854

  

3,037

3,037

Other payments2,9551,2003381994,4944,494
Total

122,035

25,710

338199

148,282

148,282

There were additional minor payments reported by the government agencies for companies that were in scope but whose payments were below the agreed materiality thresholds and for in-scope companies that did not participate in the reconciliation process. The totals of these payments are reported in Table 1 above and, for petroleum licence fees and the OGA levy, are included in the online disclosure of project level payments and repayments, which also includes reconciled field level data on petroleum revenue tax and project-level payments to TCE and CES.

Several companies have reported their 2023 payments to governments around the world, including to UK government entities, under the Reports on Payments to Governments Regulations 2014 as amended 2015 and the Accounts and Reports (Amendment) (EU Exit) Regulations 2019. This does not form part of the UK EITI payment reconciliation exercise but rather represents complementary information to this report. There can be differences in the amounts reported under UK EITI and under the EU Accounting and Transparency Directives. These differences can relate to interpretation of the scope of payment categories, reporting currencies and timing of payments. The Natural Resource Governance Institute maintains a database of Payments made to Governments and reports submitted by companies under UK, EU/EEA and equivalent Canadian legislation.[7]

Section 106 (Town and Country Planning Act 1990) Payments

Payments to local planning authorities in England and Wales are required under section 106 of the Town and Country Planning Act 1990 and equivalent legislation in Scotland and Northern Ireland. These payments are used to mitigate the impact of extractive activities on the local community and benefit local communities. These payments can provide external benefits, including the improvement of local road networks or community facilities.

Only one company reported material payments under section 106 or equivalent legislation, namely Aggregate Industries UK Ltd, which reported total payments of £199,309, detailed as follows:

Table 5: Section 106 (Town and Country Planning Act 1990) Payments

QuarryLocal Authority (Beneficiary)Payment (£)Type of payment
(Cash / in-kind)
3349010040Flint County Council199,309Cash
 Total199,309 

 

Evolution of Extractive Revenues (2014 / 2023)

Extractive revenues rose by £763 million or 11% in 2023 compared to 2022 and significantly compared to the previous years from 2014 to 2020 (Figure 1 and table 6 below).

Figure 1: Net Payments to Government by Sector by Year (2014-2023)

Extractive Industries Payments/Refunds 2014-2023

 

Table 6: Comparison between 2022 and 2023 extractive revenues

Payment stream 20232022Variation%
O&G sector

 

    
RFCT & SC

 

3,842.9

5,364.8

-1,521.9

-28.4%

EPL

 

3,921.4

1,770.5

2,150.9

121.5%

PRT

 

-349.5

-393.9

44.4

-11.3%

Sub-total HMRC

A

7,414.8

6,741.3

673.5

10.0%

Licence fees

 

46.9

50.9

-4.0

-7.9%

OGA Levy

 

30.4

29.1

1.3

4.5%

Sub-total NSTA

B

77.3

80.0

-2.7

-3.3%

Sub-total TCE

C

2.0

2.4

-0.4

-17.5%

Sub-total CES

D

1.7

1.6

0.1

6.2%

Total O&G

E = A-D

7,495.8

6,825.3

670.5

9.8%

M&Q sector

 

 

 

 

 

Sub-total HMRC (CT)

F

122.0

28.7

93.3

325.1%

Sub-total TCE

G

25.7

26.3

-0.6

-2.3%

Sub-total CES

H

0.3

0.3

0.0

0.0%

Section 106 (or similar) Payments

I

0.2

0.1

0.1

77.2%

Total M&Q

J = F-I

148.2

55.4

92.8

167.8%

Total

E + J

7,644.0

6,880.7

763.3

11.1%

The above table shows that the overall increase was mainly explained by EPL that increased by £2.2 billion or 121% because of the introduction of this tax in mid-2022. 

However, RFCT/SC decreased by £1.5 billion or 28% because of the decrease in oil and gas prices. 

Average oil prices received by UK producers were approximately £81/barrel (bbl) in 2022 and £65/bbl in 2023, representing a decrease of 20%. Crude oil prices fell as global markets adjusted to the new trade dynamics, Russian crude oil found destinations outside the EU and global crude oil demand was lower than expected. These dynamics offset the impact of OPEC+ crude supply restrictions. 

The same applies for gas where the average prices received by UK producers were 194 p/therm in 2022 and 99 p/therm in 2023 representing a decrease of 49%.

Beneficial Ownership

As part of EITI reporting, companies are asked to disclose their beneficial owners; that is, information on the people who ultimately own and control each company. 

Most UK-registered companies are required to submit information on people with significant control (PSC) to Companies House. Publicly listed companies are exempt from PSC requirements since they already provide beneficial ownership (BO) information under stock exchange requirements. Therefore, in order to disclose their BO information for EITI reporting, UK-registered companies need only to confirm their filings and provide the link to the relevant page at Companies House in their EITI BO declaration form. Private companies which have not filed information at Companies House on PSCs should disclose their BO information in the EITI BO declaration form. 

All 48 companies which submitted EITI reporting templates also submitted a BO declaration form, duly signed by a senior officer. Twenty-seven of the reporting templates received were from companies that are either publicly listed or wholly owned subsidiaries of publicly listed companies, meaning that they provide BO information under stock exchange requirements (see Table 6 below). The remaining 21 companies are privately held (see Table 7 below).

Table 7: Publicly listed or wholly owned subsidiaries of publicly listed companies

NoSectorCompanyCompanies House NumberParent company
1M&QAggregate Industries UK Ltd00245717Holcim Ltd
2O&GAnasuria Hibiscus UK Ltd09696268Hibiscus Petroleum Berhad
3O&GApache Corporation07720972APA Corporation
4M&QBoskalis Westminster Holdings Ltd00338917[8]
02380267[9]
Boskalis Westminster Holdings Ltd
5O&GBP Plc00102498BP PLC
6M&QBreedon Group plcJersey 98465Breedon Group plc
7M&QCemex UK Materials Ltd00658390Cemex Espana, S.A.
8O&GCentrica plc03033654Centrica PLC
9O&GChevron01006065Chevron Corporation 
10O&GCNOOC Petroleum Europe Ltd01051137CNOOC LIMITED
11O&GCNR International UK Investments Ltd00813187Canadian Natural Resources Limited
12M&QDEME Building Materials Ltd04590759CFE (DEME)
13O&GENI UK Ltd00862823ENI SPA
14O&GEnQuest plc07140891EnQuest PLC
15O&GEquinor UK Ltd1285743Equinor ASA
16O&GExxonMobil International Ltd05458042[10]
00207426 [11]

Exxon Mobil Corporation

17M&Q

Heidelberg Materials UK

6295350

Heidelberg Materials UK Holding Ltd

18O&GHarbour Energy plcSC234781Harbour Energy plc
19O&GIthaca Energy UKSC272009Delek Group Ltd
20O&GRepsol Resources UK Ltd00825828Repsol SA
21O&GShell Plc[11]04366849Shell Plc 
22M&QSaint-Gobain Ltd03291592Compagnie de Saint-Gobain
23O&GSerica Energy (UK) Ltd04073712Serica Energy plc
24O&GSuncor Energy UK Ltd (NYSE)
Suncor Energy UK Ltd (Toronto)
00972618Suncor Energy UK Holdings Ltd
25O&GTAQA05975475Abu Dhabi Developmental Holding Company PJSC (ADQ)
26M&QTarmac Holdings Ltd07533961CRH plc
27O&GTotalEnergies Holdings UK Ltd01722136TOTALENERGIES SE

 

Table 8: Privately held companies

NoSectorCompanyCompanies House NumberParent company
1M&QAlbion Stone01767530Albion Stone
2M&QBritannia Aggregates Ltd02304376Britannia Aggregates Ltd
3O&GCalEnergy Gas Ltd04370508Northern Powergrid Holding Company
4O&GDana Petroleum Ltd03456891 Dana Petroleum Ltd
5O&GEverard Energy Ltd08066733Everard Energy Ltd
6O&GHumbly Grove Energy Ltd04689011EPUK Investments Ltd
7O&G

INEOS UK E&P Holdings Ltd

INEOS FPS Ltd

INEOS UPSTREAM Ltd

SC200459
10660338
09121775
INEOS Industries
8O&GIranian Oil Company (U.K.) Ltd01019769Iranian Oil Company (U.K.) Ltd
9M&QIrish Salt Mining & Exploration Co. LtdNI006389Irish Salt Mining & Exploration Co. Ltd
10O&GNEO ENERGY Production UK Ltd12086835HV INVET ETA Ltd
11O&GNeptune Energy Group Ltd[12]10647707Neptune Energy Group Ltd
12O&GNSMP Operations Ltd 09711370Selkie Investments Midstream Midco 2 Ltd
13O&GONE-Dyas UK Ltd03531783ONE-Dyas UK Ltd
14O&GPerenco UK Ltd04653066Perenco UK Ltd
15O&GPrax Upstream Ltd13920571Prax Group Holdings Ltd
16O&GRockRose Energy Ltd09665181Viaro Investment Limited
17O&GSAGE North Sea LtdFC033971Ancala Midstream Acquisitions Limited
18M&QVan Oord UK Ltd01805156Van Oord UK Ltd
19M&QVolker Dredging Ltd01179300Volker Dredging Ltd
20O&GWaldorf Production UK Ltd11957078Waldorf Energy Partners Ltd
21O&GWintershall Noordzee B VBR009394Wintershall Noordzee B V

Information on the beneficial owners of these 21 privately held companies can be found on the Companies House website[13] by searching for the company of interest and using the 'people' tab to access information about PSCs. For ease of reference, all this information is available by following the links in the third column of the above table. 

Private companies are also asked to disclose information on all owners who are identified as politically exposed people (PEP), i.e. those who have political influence or who, as family members or close associates, have links to senior political figures or government officials in the UK or abroad and who have a shareholding regardless of their ownership level (the 2022 threshold was 5%) in the company. In 2023, no privately owned companies making material payments under the EITI Standard disclosed any PEPs. We cannot comment on whether companies which did not participate in this year’s reporting process are owned by any PEP. 

Several extractive companies making material payments to the UK government are ultimately controlled by foreign government entities. It is considered important that the UK’s BO system can accurately capture details of foreign government ownership of companies operating in the UK’s extractive sector. 

More information on the UK’s BO regime can be found on the beneficial ownership page of the UK EITI website. 

The MSG agreed that it would be appropriate to use a separate template and request BO information from the non-material and the NSTA licensee companies. The template was uploaded on the UK EITI website. 

All licensees were requested to download the BO declaration form and return the completed version to the IA by 26 April 2024 at ukeiti@bdo-ifi.com

However, no additional responses from companies not involved in the reconciliation exercise had been received as of the date of this report.

The UK 2023 EITI Payments Report was the first to follow the 2023 EITI Standard launched in Dakar in June 2023. This includes several new and refined provisions that enable countries to respond to the most pressing challenges in governing natural resource extraction. 

The new Standard strengthens EITI disclosures and governance requirements to improve understanding of the impact of the energy transition, addresses corruption risks, promotes gender equity and strengthens revenue collection. 

The data requested from UK companies included anti-corruption policies, ownership structure, financial statements, environmental, social and governance (ESG) data and gender pay data. A summary of the information received from companies is available here.

Annex B: Glossary of Abbreviations

APRTAdvance Petroleum Revenue Tax
CESCrown Estate Scotland
CTCorporation Tax
EEAEuropean Economic Area
EITIExtractive Industries Transparency Initiative
EUEuropean Union
HMHis Majesty’s
HMRCHis Majesty’s Revenue & Customs
LAsLocal Authorities
M&QMining & Quarrying
MSGUK EITI Multi-Stakeholder Group
NSTANorth Sea Transition Authority
NYSENew York Stock Exchange
O&GOil & Gas
OGAOil and Gas Authority
PEPPetroleum Exposed People
PRTPetroleum Revenue Tax
PSCPeople with Significant Control
RFCTRing Fence Corporation Tax
SCSupplementary Charge
TCEThe Crown Estate
UKUnited Kingdom
Footnotes and References
  1. Payments for petroleum licence fees, the OGA Levy, field-level petroleum revenue tax payments and payments to TCE and CES are included in the online disclosure of project level payments and repayments at https://www.ukeiti.org/publications-reports.
  2. The figures in Tables 2 and 3 below are rounded to the nearest thousand pounds. The full details in pounds are included in the CSV/Excel files, which can be found at the following link: https://www.ukeiti.org/publications-reports.
  3. Petroleum licence fees and the OGA Levy were disclosed unilaterally by the NSTA
  4. Formerly HH Laps Ltd.
  5. Formerly Hurricane Energy Plc.
  6. Rebranded from Hanson UK to Heidelberg Materials UK in 2023.
  7. www.resourceprojects.org
    UK-incorporated companies, where a parent company is not reporting in a non-UK jurisdiction, file payments reports online with the Companies House Extractives Service: https://extractives.companieshouse.gov.uk 
    London Stock Exchange Main Market-listed companies (including those that are both UK and non-UK incorporated) file payment reports online with the Financial Conduct Authority’s National Storage Mechanism: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
  8. Llanelli Sand Dredging Ltd. 
  9. Westminster Gravels Ltd. 
  10.  XTO UK Ltd. 
  11. Esso Exploration and Production UK Ltd
  12. Neptune Energy Group Limited was acquired by ENI in June 2023. 
  13.  https://www.gov.uk/government/organisations/companies-house