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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Niger Delta activists occupy Shell plant
NEWS
Nigeria - August 14, 2017

Hundreds of protesters took over a Shell Petroleum Development Company (SPDC) flow station and gas plant in Rivers state on Friday calling for employment opportunities…

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NNPC inks deals with Chevron, Shell
NEWS
Nigeria - August 04, 2017

The Nigerian National Petroleum Corporation signed two alternative financing deals set to generate total revenues of USD 16 billion for the government, the NOC…

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Shell on notice over UK gas leak
NEWS
UK - August 02, 2017

The UK’s Health and Safety Executive served a prohibition notice to Shell over a gas leak at its Brent Charlie North Sea platform on May 19, the regulator said on…

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New attacks threatened in Niger Delta
NEWS
Nigeria - August 01, 2017

The Niger Delta Revolutionary Crusaders (NDRC) will resume attacks on oil facilities at the end of September, the group announced over the weekend as an umbrella…

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BP back to black on low price expectations
NEWS
Multinational - August 01, 2017

BP made USD 144 million in profit in Q2, up from a loss of USD 1.42 billion a year earlier, the super-major announced Tuesday.

H1 profit stood at USD 1.59 billion,…

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Major oil firms post gains
NEWS
Multinational - July 27, 2017

Shell, Statoil and Total announced strong Q2 results on Thursday, indicating a gradual industry uptick after years of sluggish activity.

Shell reported a 392%…

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Shell mulls $5-bln renewables investment
NEWS
Multinational - July 25, 2017

Super-major Shell is considering purchasing Asia’s biggest independent producer of renewable energy, Equis Energy, for up to USD 5 billion, international media…

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Shell closes Trans Niger pipeline
NEWS
Nigeria - July 25, 2017

Shell Petroleum Development Company has closed the Trans Niger pipeline due to a leak, the company said Monday.

A spill in B-Dere, Ogoniland, forced the closure of…

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