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 07, 2017

TOGY talks to Thomas Ng, general manager for Weatherford in Malaysia, Brunei, and the Philippines, about the company’s global and local operations, new technologies…

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Week in review
NEWS
Abu Dhabi - March 03, 2017

TOGY’s coverage of this week’s news covered major moves by multinationals and NOCs in terms of investment and divestments in markets around the globe. Other news…

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Corruption charges for Eni and Shell
NEWS
Nigeria - March 03, 2017

Authorities in Nigeria laid corruption charges against Eni and Shell on Thursday in a case related to the acquisition of offshore Block OPL 245 in 2011. The deal saw…

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Dutch court rules against Shell, Exxon
NEWS
Netherlands - March 01, 2017

A local court in the Netherlands on Wednesday ruled that the Shell-ExxonMobil joint venture NAM is liable for immaterial damage in the gas-rich northern province of…

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Interview
Malaysia - February 27, 2017

TOGY talks to Julianna Kamaruddin, general manager of NGC Energy, about potential changes to regulations that will affect the LPG market in Malaysia and the company’s…

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YPF, Shell team up for pilot
NEWS
Argentina - February 24, 2017

Argentina’s state-owned YPF and super-major Shell signed a deal on Thursday that will see the companies jointly develop a new pilot project at Vaca Muerta’s Bajada…

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Petronas gears up to divest Sarawak block
NEWS
Malaysia - February 21, 2017

Petronas plans on selling a stake in its SK316 offshore gas block, according to industry sources.

Malaysia’s NOC would let go of up to 49% the asset for up to USD…

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