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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Shell reassures Argentina
NEWS
Argentina - September 30, 2016

Shell will continue to invest in Argentina through 2020, the company said late on Thursday following a meeting between chief executive Ben van Beurden and President…

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Kashagan back on line says ministry
NEWS
Kazakhstan - September 29, 2016

Kazakhstan has resumed production at the Kashagan oilfield, the country’s Ministry of Energy announced on Thursday, ending an almost three-year-long shut-in.…

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Shell Nigeria pipeline closed
NEWS
Nigeria - September 27, 2016

The Trans Niger Pipeline (TNP) was shut down on Monday after a fire was reported, operator Shell Petroleum Development Company said, marking the third-such closure in…

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Maersk announces split
NEWS
- September 22, 2016

Danish company A.P. Moeller-Maersk on Thursday announced it would be splitting the group’s five core businesses into two units in an effort to counter the effects of…

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Fujairah commences jetty operations
NEWS
- September 21, 2016

The UAE emirate of Fujairah unloaded its first full-sized oil cargo on Tuesday, allowing for storage outside the Strait of Hormuz, a known chokepoint for oil…

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Iraq plans Wasit refinery project
NEWS
Iraq - September 21, 2016

Iraq’s Ministry of Oil has signed off on plans to build a refinery in Wasit province, a local official was quoted as saying on Tuesday.

According to Amal Al Akili,…

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Shell sells Denmark refining business
NEWS
Denmark - September 16, 2016

Shell reached an agreement to sell its Denmark downstream assets to local player Dansk Olieselskab, the IOC announced on Thursday.

The transaction comprises the…

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Jorge C. Bacher, Partner at PwC
Interview
Argentina - September 15, 2016

TOGY talks to Jorge C. Bacher, partner and head of the energy division for PwC South America, about the state of Argentina’s oil and gas industry, the availability of…

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