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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Companies assess UK vote to leave EU
NEWS
UK - June 24, 2016

BP, Shell and PwC, among others, weighed in on the outcome of the UK vote to leave the EU, making their first cautious statements regarding the road ahead on…

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New militant group rears head
NEWS
Nigeria - June 24, 2016

A Shell gas pipeline in Nigeria’s Imo state has been attacked, local media reported on Friday. The hit was carried out in the early hours on Thursday morning by a…

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Shell to make unconventional push
NEWS
USA - June 20, 2016

Shell’s unconventional business is to become one of the company’s main pillars of future growth plans, a senior executive said on Monday. Drawing lessons from…

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Shell, Gazprom sign LNG MoU
NEWS
Russia - June 16, 2016

Shell and Gazprom will work to establish an LNG plant on the Baltic Sea coast in Kaliningrad oblast, the Kremlin announced on Thursday. Planned to be built at the port…

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Petrobras hits new pre-salt pay
NEWS
Brazil - June 16, 2016

Brazil’s Petrobras has hit the “largest net pay to date” in the Libra field, the company announced on Thursday, giving the state-controlled operator a much-needed…

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Avengers claim fresh pipeline attack
NEWS
Nigeria - June 16, 2016

The Niger Delta Avengers (NDA) claimed to have blown up a Nigeria National Petroleum Corporation pipeline in Akwa Ibom state early on Thursday. Yet to be confirmed, the…

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Kashagan to resume production in October
NEWS
Kazakhstan - June 15, 2016

Deputy Energy Minister Magzum Mirzagaliev on Wednesday said Kazakhstan’s Kashagan field is expected to come back on line in October as per directives from Prime…

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Shell plans exit from up to 10 countries
NEWS
Netherlands - June 08, 2016

Shell plans on liquidating USD 30 billion in assets in up to 10 countries by 2018, Simon Henry, Shell’s chief financial officer, said at a presentation in London on…

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India climbs to compete with China
NEWS
India - June 03, 2016

Major international oil and gas players are set on investing in India’s retail fuel market, said Dharmendra Pradhan, the country’s oil minister, during an interview…

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