Cyprus
0 Employees
-
Third-party revenues
$21,253,999
-
Related-party revenues
$0
-
Total revenues
$21,253,999
-
Profit before tax
$11,885,494
-
Tax paid
$3,188,100
-
Tax accrued
$3,188,107
-
Tangible assets
$180,749,492
-
Stated capital
$0
-
Accumulated earnings
$0
Main business activities
- Upstream
- Integrated Gas
- Other support services
Shell’s footprint
Oryx Caspian Pipeline, L.L.C., a Shell entity incorporated in the USA, has an interest in the Caspian Pipeline Consortium (CPC). CPC is a project to transport crude oil with the participation of public entities from Russia, Kazakhstan and other international oil companies. Oryx has a branch registered in Cyprus. In 2016, through its acquisition of BG Group, Shell acquired a UK-incorporated entity, BG Cyprus Limited, which has a branch in Cyprus. The entity holds an exploration and production licence in Cyprus but production has not yet commenced.
Country financial analysis
Cyprus has a statutory corporate income tax rate of 12.5%. In 2021, Oryx received its first dividend payment of around $21.3 million.
