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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Eni, Shell aware of Nigeria graft: judge
NEWS
Nigeria - December 17, 2018

Eni and Royal Dutch Shell were aware the OPL 245 deal would lead to corrupt payments in Nigeria, an Italian judge ruled Monday.

“The management of oil companies…

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Nigeria sues Shell, Eni over OPL 245
NEWS
Nigeria - December 13, 2018

The Nigerian government has filed a USD 1.1-billion lawsuit against Royal Dutch Shell and Eni in a London commercial court over the OPL 245 deal, international media…

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Bonga FID to come in February: oil min
NEWS
Nigeria - December 10, 2018

Nigerian oil minister Emmanuel Ibe Kachikwu has said the final investment decision on the Bonga South West oilfield is expected by February 2019, international media…

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No link in OPL 245, OML 42 cases: Shell
NEWS
Nigeria - December 07, 2018

Royal Dutch Shell has concluded alleged bribery cases around Nigeria’s OML 42 and OPL 245 are not linked, international media reported Thursday.

Shell filed a…

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Trinidad in gas agreement with Shell, BP
NEWS
Trinidad and Tobago - November 30, 2018

The government of Trinidad and Tobago has entered into an agreement with super-majors Shell and BP over gas pricing and LNG activities, local media reported…

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Gustavo BURSZTYN, CFO of SHELL BRASIL
Interview
Brazil - November 27, 2018

Gustavo Bursztyn, CFO of Shell Brasil, talks to TOGY about the company’s E&P plans, competition and potential in the local market, decommissioning policies and…

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