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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Fitch urges Total to divest
NEWS
USA - January 26, 2016

Total needs to make the most cuts to spending this year of all the super-majors to balance net leverage and keep its AA- rating, Fitch statistical ratings agency said…

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Interview
Iraq - January 22, 2016

Sander van Reijzen, Commercial Head of Sales, Oil & Gas Processing, talks to TOGY about the advantages of contracting directly with the operators in Iraq. Active in the…

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Shell profits halved in 2015
NEWS
Netherlands - January 20, 2016

Shell expects Q4 2015 profits to be up to 50% lower than 2014 with full year write-offs of USD 7 billion, the super-major stated Wednesday in its first preliminary…

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Gorgon to begin exports by June
NEWS
Australia - January 19, 2016

A non-binding deal was signed Monday between China’s ENN LNG Trading Company and Chevron for up to 500,000 tonnes per year of LNG from the Gorgon development over a…

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Shell abandons Bab gas project
NEWS
- January 18, 2016

Shell announced its departure from the Abu Dhabi sour gas development at the Bab gasfield on January 18th. The announcement follows a day of tumultuous trading that saw…

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Oil price crashes amid global unrest
NEWS
UK - January 18, 2016

The price of Brent crude fell to USD 27.67 per barrel, the lowest trading price in more than a decade, before recovering at 28.86 on Sunday.

The most recent crude…

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Gorgon LNG landmark cargo
NEWS
Australia - January 15, 2016

Australia’s $54-billion Gorgon LNG plant has received a cargo that will allow it to cool its infrastructure prior to its first shipment, Chevron reported on…

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Shell’s Colombia country chair, Eduardo Rodriguez
Interview
Colombia - January 14, 2016

The increasing costs and logistical challenges that offshore activities demand have limited Colombia’s market to major companies with considerable experience.…

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