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 spikes Carmon Creek project
NEWS
Canada - October 28, 2015

Shell has cancelled its plans to develop thermal oil sands at Canada’s Carmon Creek citing low petroleum prices, the super-major announced on Tuesday.

As a result…

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Transocean inks $28 million UAE contract
NEWS
Abu Dhabi - October 27, 2015

Transocean signed a new $28-million contract with Abu Dhabi-based offshore company Bunduq Oil, the offshore drilling contractor announced in its fleet status report on…

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Transocean delays newbuild delivery
NEWS
Sweden - October 27, 2015

Transocean and Shell have decided to delay the delivery and operating contracts of two newbuild drillships for a year, the offshore drilling contractor announced in a…

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Shell gets Nova Scotia green light
NEWS
Canada - October 21, 2015

The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) approved Shell’s development plans for the Shelburne Basin Exploration Project on Tuesday.

According to…

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SBM Offshore wins FEED contract
NEWS
Australia - October 19, 2015

Dutch marine services company SBM Offshore has secured a contract, worth an unspecified amount, from France’s Technip for front-end engineering and design work on a…

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Jordan picks Shell for 2-year LNG deal
NEWS
UK - October 14, 2015

Jordan has chosen Shell to supply LNG to the country for two years, following a competitive bid round for the purchase of 78 cargoes over four years.

Trading sources…

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Petrofac wins Iraq training contract
NEWS
Iraq - October 13, 2015

Petrofac has been awarded a “multimillion-dollar” technical training services contract by Shell in Iraq.
Petrofac Training Services will join in the operation of…

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Egypt to buy 55 LNG cargoes
NEWS
Egypt - October 13, 2015

Egypt’s EGAS will purchase 55 cargoes of LNG from seven companies, the gas company announced on Monday.

Successful bidders include Shell, PetroChina, Noble Group,…

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