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 sees profits, charge in US tax bill
NEWS
USA - December 27, 2017

Shell expects a Q3 charge of USD 2 billion-2.5 billion from the recently passed US tax reform bill, but expects future profits to outweigh losses, the super-major said…

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Shell Malaysia asset sale agreed
NEWS
Malaysia - December 26, 2017

Hibiscus Petroleum has struck a deal to buy Shell’s 50% stake in the North Sabah Enhanced Oil Recovery project, the Malaysian player announced on Tuesday.

The…

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Eni buys Shell Australia asset
NEWS
Australia - December 21, 2017

Eni has purchased Shell’s 32.5% stake in the Evans Shoal gasfield offshore Australia, the Italian super-major announced on Thursday.

The value of the transaction,…

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CB&I wins Aramco-Shell contract
NEWS
Saudi Arabia - December 08, 2017

CB&I has won an EPC contract worth at least USD 95 million from Saudi Aramco Shell Refinery (Sasref), the US company said on Thursday.

The contract is for the…

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Maersk Oil in massive Tyra investment
NEWS
Denmark - December 01, 2017

Maersk Oil announced on Friday “the largest oil and gas project investment ever made in the Danish North Sea.”

Together with partners from the Danish Underground…

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Amnesty calls for Shell Nigeria probe
NEWS
Nigeria - November 28, 2017

Amnesty International on Tuesday demanded that Nigeria, the Netherlands and the UK investigate alleged Shell complicity in human rights abuses committed by the Nigerian…

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