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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Gorgon puts train back on track
NEWS
Australia - January 04, 2017

The Gorgon LNG project has resumed operations on one of its trains after a short pause, Chevron announced on Wednesday.

The first train had halted processing to…

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Interview
Bolivia - January 2, 2017

TOGY talks to Jorge Urcullo, General Manager at SAExploration, about the company’s activities in Bolivia, its physical and regulatory challenges and the major…

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Maersk to shutter largest Danish gasfield
NEWS
Denmark - December 30, 2016

While negotiations with Danish authorities will continue, Maersk Oil confirmed on Friday that it would slowly shut down Denmark’s Tyra gasfield in the North Sea,…

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Shell, partners hit dry wells in Tanzania
NEWS
Tanzania - December 29, 2016

Royal Dutch Shell and partners Ophir Energy and Pavilion Energy have found no hydrocarbons in the two wells they drilled offshore Tanzania, Ophir Energy said in a…

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Articles
Abu Dhabi - December 28, 2016

In August 2015, the Italian super-major Eni made the largest gas discovery ever in the Mediterranean. For the third part of our series on the best projects of 2016, we…

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BP expands Australia retail footprint
NEWS
Australia - December 28, 2016

Australian grocer Woolworths on Wednesday announced it would let go of its fuel retail business, selling its stations to BP.

Valued at USD 1.29 billion, the…

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Iran to push ahead with MoU signings
NEWS
Iran - December 27, 2016

Iran is likely double the number of memorandums of understanding with international oil companies in the coming months, Deputy Managing Director of National Iranian Oil…

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Egypt’s dues to Shell inch up
NEWS
Egypt - December 26, 2016

The Ministry of Petroleum’s arrears of debt to Shell have increased by USD 50 million over the past two month, sources claimed on Monday.

Citing returns on the…

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