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 hit with fines from UK, Canada
NEWS
UK - November 25, 2015

Shell received two fines on Tuesday for separate incidents involving leaks in the Canada and the UK.

The Ontario government ordered the super-major’s local…

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Carbon caps may pose risk to projects
NEWS
UK - November 25, 2015

Up to $2.2 trillion in oil, gas and coal projects are at risk if measures to cut carbon emissions are implemented following the UN’s Paris climate summit that begins…

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BG, Woodside begin Myanmar seismic
NEWS
Myanmar - November 19, 2015

Norwegian company PSG Group will start 3D-seismic acquisition at four blocks in Rakhine Basin offshore Myanmar as soon as vessels Ramform Titan and Ramform Sovereign…

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250,000 oil jobs cut since January
NEWS
USA - November 19, 2015

Global oil and gas industry job cuts may exceed 250,000 by the end of 2015 because of the low price, with oilfield services giants such as Schlumberger and Baker Hughes…

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Statoil exiting Alaska operations
NEWS
USA - November 17, 2015

Norwegian company Statoil is exiting its Alaskan operations and will close its Anchorage office, citing weak exploration results and lack of profitability in Alaska in…

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Ineos in ethane deal with supermajors
NEWS
- November 10, 2015

Ineos has signed a long-term deal with ExxonMobil and Shell to supply ethane from US shale gas to an ethylene plant in Scotland, the multinational chemicals company…

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Mauricio VARGAS CARVAJAL, Schlumberger
Interview
Colombia - November 2, 2015

Mauricio Vargas Carvajal, general manager of Schlumberger’s operations in Colombia and Peru, talks to TOGY about the Colombian oil and gas challenges. The US oilfield…

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