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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Shell to invest $1.5 bln in Argentina
NEWS
Argentina - April 02, 2018

Shell will direct another USD 1.5 billion towards its Sierras Blancas-Cruz de Lorena block in Vaca Muerta, local media reported over the weekend.

The super-major…

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Shell closes sale of Iraqi field stake
NEWS
Iraq - March 29, 2018

Shell has closed the sale of its Shell Iraq subsidiary and its 19.6% interest in the West Qurna-1 oilfield to Japanese company Itochu for USD 406 million, the…

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Shell files case against ex-VP
NEWS
Nigeria - March 28, 2018

Royal Dutch Shell has filed a criminal complaint against a former vice-president over alleged bribery in the sale of Nigerian onshore OML 42, international media…

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Pemex to operate at least two new blocks
NEWS
Mexico - March 28, 2018

Pemex will retain operatorship of at least two of the shallow-water areas it won in Round 3.1, the NOC’s head of E&P said in an interview with international media…

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Mexico places 16 blocks in Round 3.1
NEWS
Mexico - March 27, 2018

Mexico’s National Hydrocarbons Commission kicked off the first phase of the Round 3 E&P bidding process on Tuesday, awarding 16 shallow-water blocks out of the 35…

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Mexico bid Round 3.1 live coverage today
NEWS
Mexico - March 27, 2018

TOGY will livestream Mexico’s Round 3.1 bidding process on March 27, in partnership with the National Hydrocarbons Commission (CNH).

The coverage is now over,…

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China launches Shanghai crude futures
NEWS
China - March 26, 2018

China on Monday launched crude futures in its own currency, international media reported.

NOC Sinopec’s trading arm has struck a deal to buy oil on the new…

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Range Resources lands Shell contract
NEWS
Trinidad and Tobago - March 21, 2018

Range Resources’ oilfield services arm has been granted a contract to drill an onshore well for Shell in Trinidad and Tobago, the company said on Wednesday.

Range…

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PDO announces Oman gas find
NEWS
Oman - March 20, 2018

Petroleum Development Oman (PDO) has encountered “significant” volumes of gas in the Mabrouk onshore field, the majority state-owned joint venture announced late on…

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