Shell in Kuwait
About Shell Kuwait
Shell has been operating in Kuwait since 1948, bringing Kuwait’s crude oil to international markets. Shell Petroleum Development Kuwait was born in 1961. From those early days, Shell’s business with Kuwait developed to include exploration, oil trading, lubricants, technical service and in joint studies on Kuwait’s upstream sector since the mid-1990s. Shell continues to supply Kuwait with LNG since 2010 to help meet the state’s growing energy demand and contribute to reducing emissions and improve local air quality.
Shell Companies in Kuwait operates through its corporate team located at Kuwait City where we aspire to be the partner of choice for Kuwait Petroleum Corporation (KPC) across the oil and gas value chain, locally and internationally.
We are pleased with the multitude of our partnerships with Kuwait, all delivered through our strategic KPC-Shell Cooperation Memorandum of Understanding (MoU) building on our strong relationship which has been ongoing for decades.
We have been working with Kuwait Oil Company (KOC) since early 2010 supporting with Shell technical experts and working together with KOC in managing the ongoing development of numerous North Kuwait field projects.
Shell is committed to deploying innovative technologies, supporting local staff development and building project management capabilities for KPC and subsidiary companies. Capacity building and knowledge transfer are a key component of every support project we have undertaken with the K-Companies.
Shell is keen to continue contributing to achieving the Kuwaiti vision of 2035. With our Kuwaiti partners, Shell has launched the Intilaaqah program, part of Shell's Global LiveWire Social Investment Initiatives, which supports entrepreneurs to set up businesses, create jobs, generate sources of income for communities by helping to find innovative solutions to support the diversification of the economy. This program has had great success in providing support and advice for young entrepreneurs across eight countries in the Middle-East and runs in 16 participating countries globally with more than 35 years’ experience.
Shell is pleased to be part of Kuwait’s journey and we look forward to continuing to build on our long and fruitful relationship with our partners from the K-Companies and to support The State of Kuwait in reaching its strategic objectives in the energy sector.
Kuwait Shell Limited Office:
20th Floor, Sahab Tower
Phone: +965 2243 8640/1
Fax: +965 2243 8660
Royal Dutch Shell was formed in 1907, although our history dates back to the early 19th century, to a small shop in London where the Samuel family sold sea shells.
Today, Shell is one of the world’s major energy companies, employing an average of 93,000 people and operating in more than 70 countries. Our headquarters are in The Hague, the Netherlands, and our Chief Executive Officer is Ben van Beurden. The parent company of the Shell group is Royal Dutch Shell plc, which is incorporated in England and Wales.
Our strategy seeks to reinforce our position as a leader in the oil and gas industry, while helping to meet global energy demand in a responsible way. Safety and environmental and social responsibility are at the heart of our activities.
We believe that oil and gas will remain a vital part of the global energy mix for many decades to come. Our role is to ensure that we extract and deliver these energy resources profitably and in environmentally and socially responsible ways.
We aim to work closely with our customers, our partners and policymakers to advance a more efficient and sustainable use of energy and natural resources.
Our people work together on some of the most innovative and exciting energy projects in the world. A diverse workforce and an inclusive work environment are vital to our success, leading to greater innovation and better solutions.
Professional training, development programmes and ongoing support mean that our people are given every opportunity to reach their potential. And our leadership programmes enable talented individuals to become the energy industry leaders of tomorrow.
Shell at a glance in 2015
70+ countries we operate in
93,000 employees on average
22.6 million tonnes of equity LNG sold during the year
23 refineries we have interests in
3.0 million barrels of oil equivalent we produce every day
Financial performance in 2015
Revenue: $265.0 billion
Income: $2.2 billion
Capital investment: $28.9 billion
Investment in research and development: $1.1 billion
Fast facts for sustainable development in 2015
$122 million spent on voluntary social investment worldwide. Of this:
- around $93 million spent on local programmes for community development, disaster relief, education, health and biodiversity; and
- around $29 million spent on our three global strategic themes of enterprise development, road safety and energy access.
In lower-income countries, 75% of spending by Shell companies went to purchase goods and services from local companies.