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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Technologies for efficient production in Trinidad Baker Hughes Nigel-YIP-CHOY
Interview
Trinidad and Tobago - January 07, 2020

Nigel Yip Choy, oilfield services Caribbean area lead for Baker Hughes, talks to TOGY about how the company is working to boost production in Trinidad and Tobago and…

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AL THARWA AL MUTTAHIDA GENERAL TRADING & CONTRACTING
Interview
Kuwait - December 31, 2019

Assaf Al Salem, managing director of Al Tharwa Al Muttahida General Trading & Contracting, talks to TOGY about demand for automated rigs and how the government is…

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BEREZKAGAS COMPANY
Interview
Russia - December 04, 2019

Dmitry Lipyavko, director-general of BerezkaGas Company, and Andrei Nepomniashchii, the company’s executive director, talk to TOGY about the benefits of reducing…

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Gbolahan Elias Nigeria Law
Interview
Nigeria - October 18, 2019

Gbolahan Elias, a partner at G. Elias & Co, talks to TOGY about the implementation of incorporated JVs, the renegotiation of PSCs and the growth of local services…

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Sapesco Egypt Said Riad
Interview
Egypt - September 24, 2019

Said Riad, CEO of SAPESCO – SAHARA Petroleum Services, talks to TOGY about the upstream potential in Egypt, how the private sector is responding to recent framework…

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Angelina PERSHUKOVA
Interview
Russia - August 20, 2019

Angelina Pershukova, director of the Moscow branch of Repsol Exploración, talks to TOGY about the company’s activities and strategy in Russia and potential benefits…

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Gabon-profile-picture
Interview
Gabon - July 25, 2019

Erik Watremez, country managing partner at EY in Gabon and partner in charge of the energy sector for the Francophone sub-Saharan countries, talks to TOGY about the…

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