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’s Bonga halt prolonged: minister
NEWS
Nigeria - April 14, 2017

Minister of State for Petroleum Resources Emmanuel Kachikwu late on Thursday contradicted reports that the turnaround maintenance work at Shell’s offshore Bonga field…

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Schlumberger enters the Vaca Muerta play
NEWS
Argentina - April 13, 2017

Schlumberger announced on Wednesday that it had signed an agreement with Argentina’s state-owned YPF to kick off a shale oil pilot project in Vaca Muerta’s…

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Nigeria to start paying arrears
NEWS
Nigeria - April 13, 2017

Nigeria will begin debt payments to international oil companies operating in the country this month, Minister of State for Petroleum Resources Emmanuel Kachikwu said…

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Week in review
NEWS
Multinational - April 08, 2017

Qatar Petroleum’s (QP) decision to lift the self-imposed moratorium on the development of the North Field dominated the oil and gas headlines last week. However, the…

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Shell sells New Zealand asset
NEWS
New Zealand - April 06, 2017

Royal Dutch Shell said on Thursday it would sell its 50% share in the Kapuni gasfield in New Zealand to Todd Energy for an undisclosed price.

The two companies have…

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Shell continues divestment drive
NEWS
Multinational - April 05, 2017

Shell has reached a conditional sales agreement with fuel distribution services company DCC Energy for its LPG operations in Hong Kong and Macau, the Anglo-Dutch major…

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Shell exits India LNG import project
NEWS
India - April 03, 2017

On Monday, local media quoted the chairman of Shell in India, Nitin Prasad, as saying that the Kakinada floating LNG import terminal project had been halted.…

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