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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Indonesia Badak LNG
Articles
Indonesia - December 02, 2020

Indonesia’s archipelagic nature has pushed it to develop local LNG production and distribution. The government is betting on both large- and small-scale facilities…

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Nigeria pays off $3 bln to oil majors
NEWS
Nigeria - October 21, 2020

The Nigerian National Petroleum Corporation (NNPC) has paid off around USD 3 billion owed to IOCs for joint-venture operating expenses, international media reported on…

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Conrad ENILL Chairman NGC GROUP OF COMPANIES
Interview
Trinidad and Tobago - October 05, 2020

Conrad Enill, chairman of the NGC Group of Companies, talks to The Energy Year about NGC’s role as an aggregator, opportunities arising for the company in Africa and…

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Oil Up, after overnight fall
NEWS
Multinational - September 22, 2020

Oil was up on Tuesday morning in Asia, as Tropical Storm Beta in the Gulf of Mexico weakened. However, strong falls came overnight as global COVID-19 cases made a…

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Preparing for an uncertain energy future NGC Trinidad _Mark-LOQUAN
Interview
Trinidad and Tobago - September 15, 2020

Mark Loquan, president of the National Gas Company of Trinidad and Tobago (NGC), talks to The Energy Year about the company’s approach to sustainability and the…

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Chimere Nkwocha GeoPro
Interview
Abu Dhabi - September 08, 2020

Chimere Nkwocha, CEO of Geopro, talks to The Energy Year about how Covid-19 has reshaped the global and local energy industry and opportunities the company sees for…

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Tarek EL AZHARY General Manager STRATOCHEM SERVICES
Interview
Egypt - August 20, 2020

Tarek El Azhary, CEO of StratoChem Services, talks to The Energy Year about where upstream activity is continuing in Egypt during the pandemic and how well the country…

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Dimeji BASSIR
Interview
Nigeria - July 21, 2020

Dimeji Bassir, CEO of Ofserv, talks to The Energy Year about the importance of stakeholders sharing a vision for cost-cutting and the prospects for hard-hit Nigerian…

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