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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Nigeria output nears 1 million bopd
NEWS
Nigeria - May 27, 2016

Nigerian oil production, under continued threat from increased militant activity in the Niger Delta, has dropped by some 50% since the beginning of 2016, an official…

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Qatar’s Al Shaheen draws bids
NEWS
Qatar - May 26, 2016

Qatar is putting its biggest offshore oilfield on the bidding table, with many large oil players already submitting their offers, according to Reuters.

The Al…

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Shell’s axe falls further
NEWS
UK - May 25, 2016

Shell plans to axe 2,200 more jobs by the end of the year, the super-major announced in Scotland on Wednesday.

Shell said 475 of these jobs will come from upstream…

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Shell’s California leak plugged
NEWS
USA - May 25, 2016

Shell repaired a leaking underground pipe that spilled as much as 500 barrels of oil in the Central Valley of California on Monday.

The leak was detected Friday…

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Iraq to increase production
NEWS
UK - May 25, 2016

Iraq intends to continue boosting oil production to reach its goal of 6 million bpd by 2020, Salih Husain Ali, ambassador of the embassy of the Republic of Iraq in…

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Drilling success in Egypt’s Western Desert United Oil Gas Samir-ABDELMOATY
Interview
Egypt - May 24, 2016

Samir Abdelmoaty, the Egypt country manager of Beach Petroleum, talks to TOGY about the improvements needed in supply chain management and the main attractions for…

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Interview
Gabon - May 20, 2016

Satram general manager Mohamed Ait Ben Ali talks to TOGY about the company’s activities following the dramatic 2014 fall in oil prices. Ben Ali discusses the…

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Norwegian licences awarded
NEWS
Norway - May 18, 2016

Norway announced the results of its 23rd licensing round on Wednesday, awarding 10 licences. Kicked off in March, the availability of blocks in the Barents Sea meant…

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Nigeria losses exceed 22-year low
NEWS
Nigeria - May 17, 2016

An uptick in violence in the oil-rich Niger Delta has cut Nigeria’s oil output by 800,000 bopd, Minister of State for Petroleum Resources and Nigerian National…

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