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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Bulgaria ramps up its energy portfolio
NEWS
Bulgaria - February 23, 2016

Shell signed an agreement at the Bulgarian Council of Ministers to explore an offshore field in the Black Sea.

Bulgarian Minister of Energy Temenuzhka Petkova signed…

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Qatargas signs MoU for LNG marine fuel
NEWS
Qatar - February 22, 2016

Qatargas has signed a memorandum of understanding with Shell and Danish petroleum transportation conglomerate Maersk, the Qatari LNG producer said in a press release…

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Gulf of Mexico to produce at record highs
NEWS
USA - February 19, 2016

Oil production on the US Gulf of Mexico will reach record highs by 2017 due to the launching of 14 projects, analyst group US Energy Information Administration said…

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Interview
Gabon - February 19, 2016

Eric Benjaminson, Horizon Client Access senior adviser and former US ambassador to Gabon (2010-2013), speaks to TOGY about the country’s evolving business environment…

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Shell surpasses Chevron
NEWS
Netherlands - February 16, 2016

Shell has passed fellow super-major Chevron to become the second-biggest non-state oil company after merging with BG Group on Monday.

The merger was launched in…

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Total boasts “best performance” in Q4
NEWS
France - February 11, 2016

Total saw a 26% fall in adjusted net income for Q4 2015, falling from USD 2.8 billion the year before to USD 2.1 billion, according to its financial report published…

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Interview
Iraq - February 10, 2016

Frank Baker, the UK’s ambassador to Iraq, talks to TOGY about how his embassy is assisting UK companies doing business in Iraq and the continued appeal of the Iraqi…

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