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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Oil prices at six-month high
NEWS
- May 16, 2016

Ongoing supply disruptions, especially on account of increased violence in Nigeria’s Niger Delta, have pushed oil prices to fresh highs. On Monday, Brent futures were…

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Gabon’s Bongo confirms Shell sale
NEWS
Gabon - May 13, 2016

Ali Bongo Ondimba, president of Gabon, on Thursday confirmed that Shell is looking to divest local assets. Speaking in Rwanda, Bongo noted the sale was the natural…

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Shell Nigeria declares force majeure
NEWS
Nigeria - May 11, 2016

Shell’s Nigerian joint venture subsidiary on Wednesday declared force majeure on exports of Bonny Light, saying it had been in force since Tuesday 12.00 pm local…

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Oil sands operations come back to life
NEWS
Canada - May 10, 2016

Oil sands operators Shell and ConocoPhillips are planning to resume operations in northern Alberta, the companies said late on Monday. The resumption of work in the oil…

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Saleh S. Abdali, the managing director of Oilibya, talks to TOGY about the market for lubricants in Egypt and the main areas for growth in the coming years.
Interview
Egypt - May 10, 2016

Saleh S. Abdali, the managing director of Libya Oil, talks to TOGY about the market for lubricants in Egypt and the main areas for growth in the coming years. Libya Oil…

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Niger Delta violence ramps up
NEWS
Nigeria - May 09, 2016

A string of attacks in the oil-rich Niger Delta, including a recent hit on a Chevron offshore facility, are threatening to cripple the local economy. Nigerian media…

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Wood Group bags services deal
NEWS
UK - May 05, 2016

Wood Group PSN (WGPSN) on Thursday was awarded a three-year contract extension for support services for Shell’s offshore assets in the UK Continental Shelf waters.…

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