Capricorn Energy plc noted the start of production from the Sangomar field development, offshore Senegal. TERMS First production satisfies the first oil condition under the sale and purchase agreement with operator Woodside Energy plc, which initially targeted first oil in late 2023. Capricorn may be entitled to a contingent payment of either $25m or $50m […]
Tag: taxes
EnQuest pays total £163.8 million to governments
EnQuest plc paid an aggregate £163.8 million to governments for the year ended 31 December 2022. JURISDICTIONS The group paid £39.2 million in the UK and £124.6m in Malaysia. Payments include production entitlements, taxes, royalties and fees for its oil and gas assets in both jurisdictions.