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, GT bank give Amni oil-backed loan
NEWS
Nigeria - March 16, 2018

Guaranty Trust Bank and Shell’s local arm have agreed a USD 270-million oil-backed loan to Nigerian independent Amni International, international media reported…

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Shell eyes stake in Kazakhstan’s NOC
NEWS
Kazakhstan - March 14, 2018

Shell is in talks to buy up to 20% of Kazakhstan NOC KazMunayGaz, international media reported on Tuesday.

While anonymous Kazakh sources interviewed by Reuters…

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Shell, Eni trial postponed to May
NEWS
Nigeria - March 05, 2018

An Italian court has delayed a corruption trial of Shell and Eni executives until May 14, international media reported on Monday. 

In addition to the two companies,…

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Interview
Saudi Arabia - March 1, 2018

Samir Al Jishi, general manager of Sipchem Technology and Innovation Centre, talks to TOGY about the centre’s recent developments and the use of polymers in the…

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Total, Chevron eye Iraq projects
NEWS
Iraq - February 27, 2018

Chevron is in talks to enter the Majnoon field in Iraq, international media reported on Tuesday.

In a separate report, Reuters cited anonymous sources as saying that…

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Nigerians can’t sue Shell in UK: Court
NEWS
Nigeria - February 15, 2018

The Court of Appeal in London ruled Wednesday that two Nigerian communities cannot have their case against Royal Dutch Shell heard in English courts.

In a split…

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GE, Shell ink Nigeria deal
NEWS
Nigeria - February 14, 2018

GE has signed a multi-year deal with Shell Petroleum Development Company (SPDC) for the 650-MW Afam VI combined-cycle power plant in southeastern Nigeria, the US…

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Shell announces major discovery, profits
NEWS
Multinational - February 01, 2018

Shell’s net profits for 2017 have surged 119% since 2016, the super-major announced on Thursday, hours after reporting a massive Gulf of Mexico find.

The Whale…

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