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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Developers mull Vaca Muerta investment
NEWS
Argentina - March 31, 2017

Partners in Argentina’s Aguada Pichana unconventional development have requested to divide the concession into two. A securities form filed on Thursday indicated that…

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Helena INNISS
Interview
Trinidad and Tobago - March 29, 2017

TOGY talks to Helena Inniss, executive director of Kronus Geological Services and former director of resource management for the Ministry of Energy and Energy…

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Shell weighs Permian JV exit
NEWS
USA - March 27, 2017

Royal Dutch Shell and Anadarko Petroleum are considering giving up on a 10-year-old Permian Basin joint venture (JV) when it expires later this year.

According to…

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Week in review
NEWS
Multinational - March 25, 2017

The past week had it all; new projects coming on stream, a slew of EPC contract awards, divestments and financial figures. The past week also saw Ghana make its debut…

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Shell drops Gabon onshore assets
NEWS
Gabon - March 24, 2017

Shell on Friday announced it had reached an agreement with Carlyle Group unit Assala Energy Holdings on the sale of its onshore assets in Gabon.

The transaction,…

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US Gulf lease sale nets USD 275 million
NEWS
USA - March 23, 2017

The US Department of the Interior (DOI) and Bureau of Ocean Energy Management (BOEM) announced the results of the federal government’s latest Gulf of Mexico lease…

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NNPC to build power plants
NEWS
Nigeria - March 21, 2017

Nigeria National Petroleum Corporation (NNPC) on Monday unveiled a power plant construction programme that will all but double Nigeria’s power generation capacity…

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