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.
Read The Full Interview

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…

READ MORE
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…

READ MORE
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…

READ MORE
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…

READ MORE
Tarek EL AZHARY General Manager STRATOCHEM SERVICES
Interview
Egypt - November 17, 2021

Tarek El Azhary, general manager of StratoChem Services, talks to The Energy Year about areas with the most upstream potential in Egypt and the company’s approach to…

READ MORE
AFC financing infrastructure in Africa Osam IYAHEN
Interview
Nigeria - November 15, 2021

Osam Iyahen, director of natural resources investments for the Africa Finance Corporation (AFC), talks to The Energy Year about how African nations can best approach…

READ MORE
Tanzania resumes $30-bn LNG negotiation
NEWS
Tanzania - November 12, 2021

The Tanzanian government has resumed talks with Shell and Equinor to develop a USD 30-billion LNG project, the government announced on Monday.

Negotiations began in…

READ MORE
Collins OPARA CEO VEGASIRIUS
Interview
Nigeria - November 12, 2021

Collins Opara, CEO of Vegasirius, talks to The Energy Year about strategies the company has adopted to make itself a space in Nigeria’s lubricants sector and…

READ MORE
John UWAJUMOGU Transaction Advisory Services Partner EY NIGERIA
Interview
Nigeria - October 18, 2021

John Uwajumogu, transaction advisory services partner at EY Nigeria, talks to The Energy Year about how the crisis has encouraged a rapid energy transition in Nigeria,…

READ MORE
Mohamed FAROUK CEO ADES INTERNATIONAL HOLDING
Interview
Egypt - October 06, 2021

Mohamed Farouk, CEO of ADES International Holding, talks to The Energy Year about the recovery of activity in the regional oil and gas industry and new technologies…

READ MORE
Christel Christel KVALVIK Managing Director EQUINOR NIGERIA ENERGY COMPANY
Interview
Nigeria - October 05, 2021

Christel Kvalvik, managing director of Equinor Nigeria Energy Company, talks to The Energy Year about the essential role of IOCs in the local energy industry. Equinor…

READ MORE