Kuwait

Shell has been active in Kuwait since 1948.

In 2010, Shell Kuwait Exploration and Production B.V. and Kuwait Oil Company (KOC) signed an enhanced technical services agreement (ETSA) to jointly develop the Jurassic gas fields in the north of Kuwait. In 2016, Shell Kuwait Exploration and Production B.V. signed two additional ETSAs to provide services to KOC for the North Kuwait Heavy Oil Field and North Kuwait Conventional Oil Field. Shell supports KOC’s operations with the provision of technical and other support services. The ETSAs support KOC by providing access to Shell’s know-how, intellectual property, technologies and consultancy services.

In 2016, Shell Global Solutions International B.V. was awarded a plant reliability, integrity, and maintenance contract by Kuwait National Petroleum Company (KNPC) aimed at improving the reliability of the Mina Ahmadi and Mina Abdullah refineries.

Our work with both KNPC and KOC aims to contribute to enhanced oil, gas and refining operational performance in the country. It also aims to develop the skills of local employees by providing training and consultancy services.

Country Financial Analysis

The tax paid amount relates to the tax liability for 2017 profits and therefore is not directly linked with the profit before tax in 2018. The tax accrued amount is in respect of the profits for the year 2018.