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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Forcados repairs on track amidst attacks
NEWS
Nigeria - July 08, 2016

Pipeline repairs works on Nigeria’s Forcados feeder line to the export terminal are on track for completion by the end of this month, Minister of State for Petroleum…

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Brexit puts damper on Shell divestments
NEWS
UK - July 08, 2016

Shell CEO Ben van Beurden, commenting on the UK vote to leave the EU, on Friday said that the outcome could affect the company’s asset sale in the North Sea fields…

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Alberta wildfires bill presented
NEWS
Canada - July 08, 2016

The wildfires that raged across much of Alberta, home to Canada’s oil sands operations, will cost insurers some USD 2.8 billion, Insurance Bureau of Canada said late…

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Shell Nigeria lifts force majeure
NEWS
Nigeria - July 07, 2016

Shell Petroleum Development Company of Nigeria has lifted the force majeure on exports of the Bonny Light crude grade. The measure, which took effect early on Thursday,…

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Equatorial Guinea inks MoU with Shell
NEWS
Equatorial Guinea - July 06, 2016

Equatorial Guinea’s Ministry of Mines and Hydrocarbons has signed a memorandum of understanding with Shell, Minister of Mines and Hydrocarbons Gabriel Mbaga Obiang…

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Total lands stake in Qatar’s Al Shaheen
NEWS
Qatar - June 28, 2016

Total late on Monday obtained a 30% stake in the Al Shaheen field, outbidding rivals BP and Shell for the 25-year contract. The deal will see the French major take over…

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Oil stocks take hits upon Brexit vote
NEWS
UK - June 24, 2016

London-listed super-majors, medium-sized operators and hydrocarbons engineering companies all saw their share prices take beating on Friday as stock markets woke up to…

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