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
Malaysia - March 17, 2017

TOGY talks to David Hendicott, president of ConocoPhillips in Malaysia, about ramping up production, introducing enhanced seismic acquisition techniques and…

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Shell in Trinidad-Venezuela pipeline deal
NEWS
Trinidad and Tobago - March 16, 2017

Hailed as a major deal, collaborative efforts between Trinidad and Tobago and Venezuela were strengthened with a new gas export agreement on Wednesday.

Signatories…

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Interview
Abu Dhabi - March 13, 2017

TOGY talks to Mohammad Shahin, managing director of MUC Oil & Gas, about petrochemicals refining and storage capabilities in Abu Dhabi. MUC Oil & Gas provides…

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Week in review
NEWS
Multinational - March 10, 2017

The past week was one of farm-ins and acquisitions, with several majors splurging on gas-rich acreage in particular.

OMV set the buying in motion on Monday when it…

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Shell to exit Iraq project
NEWS
Iraq - March 09, 2017

In its annual report released on Thursday, Shell said that its 20% stake in the ExxonMobil-operated West Qurna-1 field was “subject to an ongoing sales…

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Shell shrinks Canada oil sands footprint
NEWS
Canada - March 09, 2017

Shell has reached agreements with Canadian Natural Resources on the sale of its in-situ oil sands assets, along with undeveloped leases, the Anglo-Dutch major said on…

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CEOs weigh in on Permian potential
NEWS
USA - March 08, 2017

Discussions at the CERAweek conference in Houston centred on West Texas’ red-hot Permian basin on Tuesday, with chief executives weighing in on the basin’s…

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