(MENAFN- Mid-East)
Oman Shell, in collaboration with German University of technology (GUtech) and Outward Bound Oman (OBO), recently celebrated the launch of the third season of the Shell Nawafidh program, and welcomed the new batch of young Omani participants at the OBO training centre in Al Khoud.
The ceremony featured inspiring alumni success stories, an engaging icebreaker session to foster connections, and an enlightening talk on the future of energy transition by Mrs. Rehab Al Lawati – Deputy General Manager, Non-Operated Ventures in Oman Shell .
With an aim to actively address the issue of climate change and achieve the sustainable energy and capacity building goals outlined in Oman Vision 2040, Shell Nawafidh is designed to enable and equip young Omani graduates in science and engineering to lead the transition into emerging energy markets through technical and soft skills training, workshops, panel discussions with thought leaders and networking opportunities with industry professionals.
Speaking about the objective behind Oman Shell's launch of the Shell Nawafidh program's third batch of participants, Malak Al Shaibani, General Manager – Corporate Relations & ICV, Oman Shell, said,“Today marks a new beginning for the Shell Nawafidh Class of 2023-2024 to excel in their careers and create a sustainable energy future for Oman and its people. Our aim at Oman Shell is to nurture the nation's emerging talent through social investment programs like Shell Nawafidh. A unique structured and integrated life skills course, Shell Nawafidh is meticulously designed and delivered by our course partners GUtech and Outward Bound Oman to empower tomorrow's energy leaders as they spearhead Oman's transition towards cleaner and greener energy sources.”
She added,“We thank our course partners for their support and the alumni for sharing their inspiring and valuable experiences, and are excited to see another batch of young professionals benefit from the program's resources, guidance and support.”
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.
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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'', ''could'', ''estimate'', ''expect'', ''goals'', ''intend'', ''may'',“milestones”, ''objectives'', ''outlook'', ''plan'', ''probably'', ''project'', ''risks'',“schedule”, 'seek'', 'should'', ''target'', ''will'' 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; 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, 2022 (available at and ). 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 this [press release], [October 9, 2023]. 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 .
Shell's net carbon intensity:
Also, in this we may refer to Shell's“Net Carbon Intensity”, which include 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 only controls its own emissions. The use of the term Shell's“Net Carbon Intensity” is 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 Net Carbon Intensity (NCI) targets over the next ten years. However, Shell's operating plans cannot reflect our 2050 net-zero emissions target and 2035 NCI target, as these targets are 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 significant risk that Shell may not meet this target.
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