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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BP announces North Sea discoveries
NEWS
UK - January 31, 2018

BP has made two new discoveries in the North Sea, the super-major said on Wednesday.

The Capercaillie exploration well in licence 29/4e, owned entirely by BP, struck…

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Libya restarts field, strikes IOC deal
NEWS
Libya - January 22, 2018

Libya has restarted production at the Sara oilfields, operated by Wintershall, after an “unauthorised shutdown” in November 2017, the country’s National Oil…

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Niger Delta militants threaten attacks
NEWS
Nigeria - January 17, 2018

The Niger Delta Avengers announced Wednesday that a new round of attacks against oil installations in Nigeria would begin in days. 

“This round of attacks will be…

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Norway grants 75 exploration licences
NEWS
Norway - January 17, 2018

Norway’s energy ministry has granted a record 75 offshore oil exploration licences, international media reported on Tuesday.

Statoil, Aker BP, Shell, Total and…

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Shell reaches Penguins FID
NEWS
UK - January 15, 2018

Shell has taken a final investment decision on the redevelopment of the Penguins field offshore the UK, its first large project in the North Sea since 2012, the…

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Shell sells Iraq field stake to Itochu
NEWS
Iraq - January 10, 2018

Shell has sold its 20% stake in Iraq’s West Qurna-1 oilfield to Japanese company Itochu, international media reported on Wednesday.

The Iraqi Ministry of Oil has…

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