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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Shell, Saudi Aramco to split US assets
NEWS
USA - March 17, 2016

Saudi Aramco and Shell have signed a non-binding letter of intent to distribute the assets of their 50-50 joint venture Motiva Enterprises between them. Announced on…

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Obama to declare offshore off limits
NEWS
USA - March 15, 2016

The Obama administration is widely expected to announce plans to abandon Arctic drilling and to reverse its original intention to open up new acreage along the Atlantic…

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Shell, Eni bring projects on stream
NEWS
- March 14, 2016

Eni and Shell on Monday announced the start of production from their Goliat and Parque das Conchas developments, respectively. The start-up of the Italian oil and gas…

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Potential savings on Indonesia LNG project
NEWS
Indonesia - March 11, 2016

An official from Indonesia’s Co-ordinating Ministry of Maritime Affairs said on Friday that partners Shell and Japan’s INPEX could save as much as USD 6 billion on…

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Gorgon LNG project begins production
NEWS
Australia - March 08, 2016

Chevron and its partners Shell and ExxonMobil will ship their first LNG cargo from Australia’s Gorgon LNG development next week, having begun production on…

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Statoil puts Bressay on hold
NEWS
UK - March 04, 2016

Norwegian major Statoil has suspended its Bressay heavy oil project offshore the UK, a company spokesperson said on Friday, citing the current market environment as the…

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Shell in court over Nigeria spills
NEWS
Nigeria - March 02, 2016

Shell Petroleum Development Company of Nigeria (SPDC) found itself in court on Wednesday over spill sites in the Niger Delta that claimants say are still…

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Interview
Nigeria - March 1, 2016

The CEO of Shoreline Natural Resources, Ladi Bada, speaks to TOGY about costs incurred by security risks onshore and how the government and the private sector could…

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