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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Commercial production to start at Kashagan
NEWS
Kazakhstan - September 09, 2016

Commercial production at the giant offshore Kashagan oilfield is expected to resume in November, KazMunayGaz’ chairman, Sauat Mynbayev, announced on Friday.

First…

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Iraq lists conditions for joining freeze
NEWS
Iraq - September 08, 2016

While not opposed to the idea of freezing oil production as a means to stabilise global oil markets, Iraq does have certain conditions that need to be met, a top…

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Shell mulling to divest Argentina assets
NEWS
Argentina - September 08, 2016

Shell is considering to divest its downstream assets in Argentina, CEO Ben van Beurden said late on Wednesday, as part of its ongoing, USD 30-billion global divestment…

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Pertamina works to meet demands
NEWS
Indonesia - September 02, 2016

Pertamina has turned to Indonesia-focussed company Andalas Energy and Power to monetise its marginal gasfields. The state-owned entity has also amended its June 2016…

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Shell party to Mexico oil hedge scheme
NEWS
Mexico - September 02, 2016

Shell’s trading unit has taken part in Mexico’s commodities hedging programme, becoming the first non-financial company to participate in the scheme, sources…

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US producers team up for Mexico bid
NEWS
Mexico - August 19, 2016

Chevron, ExxonMobil and Hess have reportedly reached a joint operating agreement that will allow the US producers to bid as a consortium for drilling rights in the…

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