Anwar AL MUTLAQ

Vice-President and Country Chair

SHELL KUWAIT

The Al Nokhatha offshore field is a significant milestone for Kuwait’s upstream segment and will be an attractive investment opportunity for IOCs.
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Shell In Figures

Proved oil and gas reserves (2024):9.62 billion boe

Oil and gas production (2024):2.84 million boepd

Free cash flow (2024):USD 39.5 billion

Capital expenditure (2024):USD 19.6 billion

Shell

Shell is one of the world’s largest energy and petrochemical companies, with operations in more than 70 countries and a workforce of more than 90,000 employees. The company has expertise in exploration, production, refining and petrochemicals, and the marketing of oil and natural gas. Shell also invests in power, renewable energy, electric vehicle charging and low-carbon transport fuels.

Shell’s operations are divided into four business lines:

  • Integrated gas and upstream: Exploration and extraction of crude oil, natural gas and natural gas liquids in conventional and unconventional fields and the conversion of gas to liquids and other products
  • Downstream: Operation of 46,000 service stations and the provision of products across 160 countries
  • Renewables and energy solutions: Solutions including electric-vehicle charging; low-carbon fuels; wind, solar and natural gas power; carbon credits; and carbon capture and storage
  • Projects and technology: Delivery of projects, research and innovation; the provision of technical services for its businesses; and leadership in HSE, procurement, well activities and greenhouse gas management

Shell’s goal is to provide more and cleaner energies to improve standards of living across the world while tackling climate change and the energy transition. For nearly 50 years, the company has committed itself to sustainable development and has continuously sought to balance economic, environmental and social considerations across all areas of its decision-making.

Shell News and Interviews

Shell divests US Gulf assets for $1.7 billion
NEWS
USA - July 02, 2026

Shell has agreed to sell its interest in the Na Kika platform and the Coulomb tieback to Talos Energy and Ridgewood Energy for…

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Equinor and partners invest to raise Troll gas output
NEWS
Norway - June 22, 2026

Equinor and partners have approved a $400-million investment to increase gas production from Norway’s offshore Troll field and…

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Angola’s ANPG begins a new cycle to prepare the country for the future of energy - ANG26 - Nicole MVUAYI - ANPG
Articles
Angola - June 15, 2026

Angola's ANPG has expanded its mandate to the natural gas midstream and adopted a new corporate identity to reflect its…

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A new opening for African gas - AFR26 - Julius D. RONE - UTM Offshore
Interview
Nigeria - June 15, 2026

Julius D. Rone of UTM Offshore talks about shifts in energy security priorities and new opportunities for African energy…

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Tim Duncan, president and CEO of Talos Energy
Interview
Mexico - August 18, 2016

TOGY talks to Tim Duncan, CEO of Talos Energy, about the advantages that private equity firms have during this downturn in the energy industry, the importance of…

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Louisiana floods threaten refineries
NEWS
USA - August 17, 2016

The record floods in the US state of Louisiana have necessitated the temporary shutting down of refinery units at ExxonMobil’s Baton Rouge refinery and chemical…

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Australia’s LNG exports on the rise
NEWS
Australia - August 15, 2016

Australia’s LNG exports rose by 2% last month following a worldwide rise in demand for the product, according to a report released by consultancy firm EnergyQuest…

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Iraq, IOCs agree to raise investment
NEWS
Iraq - August 11, 2016

International oil companies (IOCs) BP, Lukoil and Shell have agreed to resume investment in oilfield development projects in Iraq from the second half of 2016 onwards,…

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Trinidad’s hydrocarbons and hydrogen prospects Kevin-RAMNARINE
Interview
Trinidad and Tobago - August 10, 2016

TOGY talks to Trinidad and Tobago’s former Minister of Energy and Energy Affairs Kevin Ramnarine about current deepwater plays and how he views the future of…

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Basra province warns IOCs
NEWS
Iraq - August 05, 2016

International oil companies (IOC) and their subcontracted security firms have been issued a one-week ultimatum by the Basra provincial government in Iraq to make their…

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