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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POSH Terasea wins tow contract with Shell
NEWS
Singapore - January 12, 2016

POSH Terasea has won a contract to move Shell’s Prelude FLNG, the largest offshore hydrocarbons facility ever built, from Korea to Australia.

After completion, the…

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Shell, BG deal profitable at $50 per barrel
NEWS
Netherlands - January 08, 2016

Shell’s BG acquisition, valued at $51 billion, could be profitable if the average price of oil is at $50 for two years, the super-major said Wednesday. The investors…

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Shell receives Corrib approval
NEWS
Ireland - December 30, 2015

Shell received ministerial approval Tuesday to begin production at the Corrib gas project in Ireland. The project has been the subject of controversy since 2000 due to…

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Shell terminates rig contract early
NEWS
USA - December 28, 2015

International offshore drilling company Transocean announced Monday that Shell had terminated its contract for the semi-submersible rig Polar Pioneer before its…

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Serinus exits Ukraine
NEWS
Ukraine - December 24, 2015

Canadian player Serinus announced an agreement on Wednesday to sell its assets in Ukraine. The company entered the country in 2010, raising gross production from…

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