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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Schlumberger Ld | LSE:SCL | London | Ordinary Share | AN8068571086 | COM STK US$0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 45.80 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSCL
Reports on Payments to Governments for the year ended 31 December 2017.
Schlumberger Limited is providing the following disclosure pursuant to DTR 4.3A of the UK Financial Conduct Authority's Disclosure Rules and Transparency Rules, which requires disclosures of certain payments made by Schlumberger Limited and its consolidated subsidiaries (together, the "Company") to governments for the year ended December 31, 2017 relating to "extractive industries" as defined by, and required under, the Reports on Payments to Governments Regulations 2014 (SI 2014/3209) (as amended, the "UK Regulations"). The following schedules disclose the payments made by the Company in 2017 to governments in Bolivia, Georgia, Morocco, the United Kingdom and the United States in connection with Schlumberger's extractive activities under the UK Regulations, including its operation of sand and barite mines.
Payments are disclosed in US Dollars. Where a payment or a series of related payments is less than the equivalent of GBP86 000 (USD $116,269) such payments have been excluded (in line with the UK Regulations). Payments made in currencies other than United States Dollars are converted based on the foreign exchange rate at the relevant annual average rate.
Taxes exclude taxes levied on consumption such as value added taxes, personal income taxes or sales taxes.
Year ended December 31, 2017 (USD in thousands)
Bolivia Project Report Taxes Royalties2 Licenses Production Bonuses Infrastructure Dividends Total3 and Fees Entitlements Improvements Barolivia Mine 25.5 101.6 3.7 0 0 0 0 130.8 (Barite) 2017 Total 25.5 101.6 3.7 0 0 0 0 $130.8 Government Report Taxes Royalties2 Licenses Production Bonuses Infrastructure Dividends Total3 and Fees Entitlements Improvements La 25.5 0 0 0 0 0 0 25.5 Autoridad Jurisdiccional AdministrativaMinera (AJAM) Servicio 0 101.6 0 0 0 0 0 101.6 Nacional de Registro Y Controlde la Comercialización de Minerals yMetales (SENARECOM) Gobierno 0 0 3.7 0 0 0 0 3.7 Autonomo Municipal de Oruro(GAMO) 2017 Total 25.5 101.6 3.7 0 0 0 0 $130.8 Georgia Project Report Taxes Royalties2 Licenses Production Bonuses Infrastructure Dividends Total3 and Fees Entitlements Improvements Rustaveli 243 0 72 727(a) 0 0 0 1,042 2017 Total 243 0 72 727 0 0 0 $1,042 Government Report Taxes Royalties2 Licenses Production Bonuses Infrastructure Dividends Total3 and Fees Entitlements Improvements Georgian Oil and 0 0 45 727 0 0 0 772 Gas Corporation Ministry of Energy 0 27 0 0 0 0 27 Revenue Service of Georgia 243 0 0 0 0 0 0 243 2017 Total 243 0 72 727 0 0 0 $1,042 (a) Represents payment in kind of 17,103 barrels (bbls) of crude oil. Morocco Project Report Taxes Royalties2 Licenses Production Bonuses Infrastructure Dividends Total3 and Fees Entitlements Improvements COMABAR 1,663.4 0 0 0 0 0 3,617.7 5,281.1 (Barite) 2017 1,663.4 0 0 0 0 0 3,617.7 $5,281.1 Total Government Report Taxes Royalties2 Licenses Production Bonuses Infrastructure Dividends Total3 and Fees Entitlements Improvements General 1,663.4 0 0 0 0 0 0 1,663.4 Tax Administration Office 0 0 0 0 0 0 3,617.7 3,617.7 National des Hydrocarbures et des Mines (ONHYM) 2017 1,663.4 0 0 0 0 0 3,617.7 $5,281.1 Total United Kingdom Project Report Taxes Royalties2 Licenses Production Bonuses Infrastructure Dividends Total3 and Fees Entitlements Improvements Foss Mine 6.9 163.7 45.0 0 0 0 0 215.8 (Barite) 2017 Total 6.9 163.7 45.2 0 0 0 0 $215.8 Government Report Taxes Royalties2 Licenses Production Bonuses Infrastructure Dividends Total3 and Fees Entitlements Improvements Forestry 0 163.7 0 0 0 0 0 163.7 Commission of Scotland Scottish 0 0 7.4 0 0 0 0 7.4 Environment Protection Agency (SEPA) Health and 0 0 7.4 0 0 0 0 7.4 Safety Executive Mines Inspectorate HM Revenue 1.3 0 0 0 0 0 0 1.3 and Customs Perth 5.7 0 30.4 0 0 0 0 36.1 & Kinross Council 2017 Total 6.9 163.7 45.2 0 0 0 0 $215.8 United States Project Report Taxes Royalties2 Licenses Production Bonuses Infrastructure Dividends Total3 and Entitlements2 Improvements Fees Greybull 1329.1 209.9 15.6 139.6 0 0 0 1694.3 Mine (Bentonite) Hixton 561.4 35.0 34.9 0 0 0 0 631.3 Mine (Frac Sand) Greystone 401.4 0 21.7 0 0 0 0 423.1 Mine (Barite) 2017 2,291.9 244.9 72.2 139.6 0 0 0 $2,748.7 Total Government Report Taxes Royalties2 Licenses Production Bonuses Infrastructure Dividends Total3 and Fees Entitlements2 Improvements Jackson 0 0 25.4 0 0 0 0 25.4 County Mine 0 0 1.6 0 0 0 0 1.6 Safety and Health Administration Alma Town 12.5 0 0 0 0 0 0 12.5 Curran 263.3 35.0 0 0 0 0 0 298.3 Town Hixton 285.6 0 0 0 0 0 0 285.6 Town State 0 0 7.9 0 0 0 0 7.9 of Wisconsin Lander 88.3 0 0.3 0 0 0 0 88.6 County State of 313.1 0 7.1 0 0 0 0 320.0 Nevada Air 0 0 0.1 0 0 0 0 0.1 Quality Division of Wyoming Big Horn 1058.9 0 8.7 0.5 0 0 0 1068.1 County Bureau of 0 0 14.3 122.4 0 0 0 136.7 Land Management Land 0 0 1.8 0 0 0 0 1.8 Quality Division of Wyoming Office of 0 209.9 4.6 16.6 0 0 0 231.2 State Lands and Investments of Wyoming Solid 0 0 0.2 0 0 0 0 0.2 and Hazardous Wastes Department of Wyoming State of 270.2 0 0 0 0 0 0 270.2 Wyoming United 0 0 0.1 0 0 0 0 0.1 States Department of Agriculture
Washakie 0 0 0 0.1 0 0 0 0.1 County Water 0 0 0.2 0 0 0 0 0.2 Quality Division of Wyoming 2017 2,291.9 244.9 72.3 139.6 0 0 0 $2,748.6 Total
Notes:
1. Payments made in local currencies are translated at the average exchange rate for the year. Conversion of GBP to USD based on a rate of GBP1 = $1.35197.
2. Royalty payments and production entitlements are paid in cash, except where noted. The value of production entitlements made in kind are calculated with reference to market rates at the time of payment.
3. Totals do not add exactly due to rounding.
About Schlumberger
Schlumberger is the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. Working in more than 85 countries and employing approximately 100,000 people who represent over 140 nationalities, Schlumberger supplies the industry's most comprehensive range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance.
Schlumberger Limited has principal offices in Paris, Houston, London and The Hague, and reported revenues of $30.44 billion in 2017. For more information, visit www.slb.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180629005470/en/
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(END) Dow Jones Newswires
June 29, 2018 11:14 ET (15:14 GMT)
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