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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Production starts at Erha North Phase II
NEWS
Nigeria - September 25, 2015

The offshore Erha North Phase 2 in Nigeria has started production ahead of schedule and $400 million under budget, operator ExxonMobil has announced via press release.…

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Ali VEZVAEI
Interview
Iraq - September 22, 2015

Iraq is balancing its immediate natural gas needs for additional power generation capacity with finding the most effective ways to monetise gas in the long term. Ali…

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Interview
Oman - September 11, 2015

Acting CEO of Oman Shipping Company Tarik Mohamed Al Junaidi talks to TOGY about the dip in LNG carriers’ daily rates. Founded in 2003 by the Ministry of Finance and…

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Total sells majority in Geosel Manosque
NEWS
France - September 10, 2015

Total is offloading its majority share in underground hydrocarbons storage company Geosel Manosque to a new 50/50 joint holding managed by the French investment funds…

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Ensco cuts 14% of onshore jobs
NEWS
UK - September 09, 2015

UK producer Ensco will cut its onshore workforce by 14 percent due to a downturn in the crude market, the company announced on Tuesday. Ensco declined to say exactly…

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Dimeji BASSIR
Interview
Nigeria - September 07, 2015

The CEO of Nigerian company Ofserv, Dimeji Bassir, discusses how the mentality among large oil companies has created inefficiencies in onshore drilling and is stunting…

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Nord Stream 2 agreement signed
NEWS
Russia - September 04, 2015

Project shareholders have signed an agreement for the establishment of a company to operate the Nord Stream II pipeline, Russian news agency RIA Novosti reported on…

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Shell re-opens Nigeria pipelines
NEWS
Nigeria - September 03, 2015

Shell announced on Tuesday that it has re-opened two key pipelines in Nigeria after spending a few days shuttered when the company declared force majeure on August…

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