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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Pluspetrol to invest in Vaca Muerta
NEWS
Argentina - April 26, 2017

During a conference on Wednesday, Omar Gutiérrez, governor of Argentina’s Neuquén province, said that Pluspetrol would enter the Centenario Centro block under a…

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Shell to explore Oman block
NEWS
Oman - April 27, 2017

Oman Oil Company Exploration & Production (OOCEP) signed an agreement with Shell for jointly exploring a block in Oman, the Omani company said on Wednesday.

The…

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Bonga deepwater field reopened
NEWS
Nigeria - April 26, 2017

Shell Nigeria’s deepwater Bonga field has been reopened following turnaround maintenance work, local media wrote on Wednesday.

The asset, with a production…

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Tony Hayward to retire from Genel
NEWS
Kurdistan Region of Iraq - April 24, 2017

Tony Hayward will step down as chairman of Genel Energy on June 6, the London-based operator of Kurdistan Region assets announced on Monday.

A successor has already…

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Majors eye Vaca Muerta opportunities
NEWS
Argentina - April 19, 2017

Shell on Tuesday inaugurated an early production facility to process 10,000 boepd of shale oil and gas from its Sierras Blancas, Cruz de Lorena and Coirón Amargo Sur…

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Chevron sells additional Canada assets
NEWS
Canada - April 19, 2017

Chevron late on Tuesday said it had reached an agreement with Parkland Fuel Corporation on the sale of Canadian assets, including the 57,000-bpd Burnaby refinery in…

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Netherlands to further reduce gas output
NEWS
Netherlands - April 18, 2017

The Dutch government is working on plans to reduce gas production by an additional 10 percent, government sources said on Tuesday.

Citing a letter from outgoing…

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Iraq to add gas processing plants
NEWS
Iraq - April 17, 2017

In an effort to reduce gas flaring at its southern fields, Iraq aims to add three greenfield gas-processing plants, Minister of Oil Jabar Al Luaibi said on…

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Week in review
NEWS
Multinational - April 15, 2017

Shell and Eni were the talk of the town last week in oil and gas, albeit for the wrong reasons. Their dealings surrounding the acquisition of the OPL 245 Block offshore…

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