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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Interview
Abu Dhabi - July 20, 2017

Eyas Alhomouz, the CEO of Petromal, talks to TOGY about the investment climate, technology in the UAE market and the potential of marginal fields. Abu Dhabi-based…

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Jorge VUGDELIJA, CEO of Oldelval
Interview
Argentina - July 18, 2017

Jorge Vugdelija, CEO of Oleoductos del Valle (Oldelval), talks to TOGY about plans to expand the company’s transportation capacity in line with projected production…

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Shell exits Irish upstream
NEWS
Ireland - July 12, 2017

Royal Dutch Shell announced on Wednesday that it would sell its upstream assets in Ireland for some USD 1.23 billion.

A subsidiary of the Canada Pension Plan…

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Interview
Trinidad and Tobago - July 12, 2017

David Small, independent senator in Trinidad and Tobago’s parliament, talks to TOGY about transparency in the hydrocarbons industry, public accessibility to…

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Ex-president to testify in OPL 245 case
NEWS
Nigeria - July 06, 2017

Former Nigerian President Goodluck Jonathan was called to testify by the lower house of parliament on Wednesday about the controversial USD 1.3-billion sale of OPL 245…

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Hashem Sayed HASHEM
Interview
Kuwait - July 06, 2017

Hashem Sayed Hashem, CEO of the Kuwait Integrated Petroleum Industries Company (KIPIC), talks to TOGY about the new company’s role in Kuwait’s oil and gas industry…

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Oil edges up on US production dip
NEWS
Multinational - June 29, 2017

Oil prices rose to 14-day highs on Thursday even as oversupply concerns continued to weigh heavily on industry observers’ minds.

Brent crude futures for August…

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Interview
Kuwait - June 28, 2017

Jamal Abdul Aziz Jaafar, CEO of Kuwait Oil Company (KOC), talks to TOGY about the impact of OPEC cuts, the importance of international partnerships and opportunities in…

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