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Oman Shell and SQU strengthen local talent pipeline through Energizing New Markets program

Oman Shell and SQU strengthen local talent pipeline through Energizing New Markets program

Zawya9 hours ago

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Muscat – Oman Shell, in partnership with Sultan Qaboos University (SQU), successfully concluded the second edition of the Energizing New Markets program, an immersive learning experience designed to equip university students with practical skills and industry insights aligned with Oman's sustainable development ambitions.
Held on the SQU campus, the four-day program brought together a group of promising students from the College of Economics and Political Science and the College of Engineering to take part in an intensive workshop. Centered around Shell's CAR framework, which focuses on Capacity, Achievement, and Relationships, the program offered participants hands-on exposure to the business side of renewables and energy transition through real-world case studies.
Over the first three days, students worked in diverse teams to analyze a commercial expansion challenge linked to Shell's Powering Progress strategy. The sessions combined technical and soft skills training, while also addressing identified skillset gaps through mentorship and guided exercises led by Shell and SQU professionals and experienced facilitators.
On the final day, student groups presented their commercial business plans before a panel of Shell and SQU leaders and judges. The presentations demonstrated not only their strategic thinking, but also their ability to apply classroom knowledge to industry-relevant scenarios.
'This program gave us a platform to challenge ourselves, apply what we've learned, and grow in new ways outside the classroom' shared one participating student.
Professor Salim Al Harthi, Deputy Vice Chancellor for Academic Affairs and Community Service at SQU, highlighted the importance of the partnership:
'This collaboration stands as a pioneering model of synergy between academic institutions and the industry sector, offering a practical learning environment that enhances students' skills in strategic thinking, problem-solving, teamwork, and other essential competencies required in today's dynamic job market.'
This initiative, first introduced in 2024, is part of Shell's broader In-Country Value (ICV) efforts to support local talent and build a more sustainable, future-ready workforce. In 2025, the program expanded further with two workshops delivered and the number of participants doubling from 20 to 40 per batch, marking a significant step forward in its reach and impact.
By bridging the gap between academia and industry, Energizing New Markets reaffirms Shell's commitment to empowering Omani youth with the tools and mindset to thrive in tomorrow's energy landscape.
-Ends-
About Oman Shell
Shell has been a partner in Oman's development and progress over the last several decades. We have been providing pioneering technologies and expertise in the energy industry and creating value for the community. Shell is active in Oman across the oil and gas industry and is involved in joint venture and independent activities ranging from research and development, exploration and production to trading, retail and new energies. Shell also implements an extensive social investment program that contributes to the sustainable development of the country. Shell holds interests in Petroleum Development Oman (34%), Oman LNG (30%) and Shell Oman Marketing Company (49%). Together they represent a substantial part of Oman's economic growth.
In January 2023, Oman Shell started producing gas from Mabrouk North East field in Block 10 in Oman. Shell holds a 53.45% working interest in Block 10, with OQ and Marsa Liquefied Natural Gas LLC (a joint venture between TotalEnergies and OQ) holding 13.36% and 33.19% respectively.
Enquiries
Salima Al Masrouri
Email: S.Al-Masroori@shell.com
Middle East and North Africa Media Relations:
Email: mena.media@shell.com
Cautionary Note
The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this press release 'Shell', 'Shell Group' and 'Group' are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general. Likewise, the words 'we', 'us' and 'our' are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ''Subsidiaries'', 'Shell subsidiaries' and 'Shell companies' as used in this press release refer to entities over which Shell plc either directly or indirectly has control. The term 'joint venture', 'joint operations', 'joint arrangements', and 'associates' may also be used to refer to a commercial arrangement in which Shell has a direct or indirect ownership interest with one or more parties. The term 'Shell interest' is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.
Forward-Looking Statements
This press release contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as 'aim'; 'ambition'; ''anticipate''; ''believe''; 'commit'; 'commitment'; ''could''; ''estimate''; ''expect''; ''goals''; ''intend''; ''may''; 'milestones'; ''objectives''; ''outlook''; ''plan''; ''probably''; ''project''; ''risks''; 'schedule'; ''seek''; ''should''; ''target''; ''will''; 'would' and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this press release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell's products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, judicial, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, such as the COVID-19 (coronavirus) outbreak, regional conflicts, such as the Russia-Ukraine war, and a significant cybersecurity breach; and (n) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell plc's Form 20-F for the year ended December 31, 2023 (available at www.shell.com/investors/news-and-filings/sec-filings.html and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. Each forward-looking statement speaks only as of the date of the press release [June 22, 2025]. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release.
Shell's Net Carbon Intensity
Also, in this press release, we may refer to Shell's 'Net Carbon Intensity' (NCI), which includes Shell's carbon emissions from the production of our energy products, our suppliers' carbon emissions in supplying energy for that production and our customers' carbon emissions associated with their use of the energy products we sell. Shell's NCI also includes the emissions associated with the production and use of energy products produced by others which Shell purchases for resale. Shell only controls its own emissions. The use of the terms Shell's 'Net Carbon Intensity' or NCI are for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries.
Shell's net-zero emissions target
Shell's operating plan, outlook and budgets are forecasted for a ten-year period and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next ten years. Accordingly, they reflect our Scope 1, Scope 2 and NCI targets over the next ten years. However, Shell's operating plans cannot reflect our 2050 net-zero emissions target, as this target is currently outside our planning period. In the future, as society moves towards net-zero emissions, we expect Shell's operating plans to reflect this movement. However, if society is not net zero in 2050, as of today, there would be a significant risk that Shell may not meet this target.
Forward-Looking non-GAAP measures
This press release may contain certain forward-looking non-GAAP measures such as [cash capital expenditure] and [divestments]. We are unable to provide a reconciliation of these forward-looking non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plc's consolidated financial statements.
The contents of websites referred to in this press release do not form part of this press release.
We may have used certain terms, such as resources, in this press release that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.

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