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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Week in review
NEWS
- February 17, 2017

TOGY’s coverage of this week’s oil and gas developments was highlighted by the global industry’s response to OPEC’s mandate to cut oil production. Contracts…

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Shell ordered to pay MISC USD 255 mln
NEWS
Malaysia - February 16, 2017

MISC has won its arbitration hearing against Shell over its Gumusut-Kakap semi-submersible platform, leaving the super-major forced to pay USD 255 million. The claim…

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Shell confirms indictment request
NEWS
Nigeria - February 15, 2017

On Wednesday, super-major Shell said it had received an indictment request regarding the sale of Nigeria’s offshore block OPL 245.

Filed by a tribunal in Milan,…

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Articles
Multinational - February 12, 2017

Last Tuesday, mooring technology and equipment services company InterMoor announced the completion of one of the largest suction piles ever manufactured. To be…

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SapuraKencana nabs Pan Malaysia job
NEWS
Malaysia - February 10, 2017

SapuraKencana Petroleum was selected by Petronas for transportation and installation works on the NOC’s offshore Pan Malaysia development, according to sources on…

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Shell details Brent decommissioning plans
NEWS
UK - February 08, 2017

The UK’s Business, Energy& Industrial Strategy Department has reportedly received Shell’s plans for the final decommissioning stage of the Brent field, local media…

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Week in review
NEWS
- February 03, 2017

TOGY’s oil and gas coverage of the past week was dominated by Iran’s downstream news and reporting on Indonesia’s Pertamina. There were also a number of Q4 and…

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Oil market resists Iran sanctions threat
NEWS
Iran - February 03, 2017

Oil prices rose only slightly following a tweet by US President Donald Trump threatening action against Iran over a missile test.

Iran’s test-firing of a ballistic…

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Shell Permian JV structure under review
NEWS
USA - February 03, 2017

Royal Dutch Shell is reconsidering its Permian joint venture (JV) with Anadarko Petroleum, according to Shell CFO Simon Henry.

Henry made the announcement on…

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