Businessman

Anthony Petrello’s CEO of Nabors Industries

Nabors Industries was founded in 1968. The company was first operating under the name Anglo Energy. Today, the company operates on land throughout America and other continents: Asia and Africa. The company also engages in well-servicing in North America. The company provides rigs, oil platforms and provides onshore plus offshore oil drilling. The company fleet of 29 vessels is chartered. Nabors conducts drilling drives. The company also makes rig equipment, drill pipe equipment and equipment to collect data. By 2006, Nabors had over 600 land workover as well as well serviced rigs in America. Nabors also had rigs in Canada: 190. There were 48 oil platforms, 19 jack up barge rigs and five barge rigs.

Drilling Software Technology

Nabors also manufactures, through its subsidiaries, drives, wrenches and drives. The company has also developed propriety drilling software that is used to enhance drilling performance. The software include products rockit, drillsmart, revit and rigwatch. The software contribute to improved efficiency as well as an increased penetration. Nabors licenses technology for pressure drilling.

Off shore Drilling

Nabors has 48 rigs in U.S and others in Alaska, Mexico among many others all over. Nabors pioneered the platform workover market. It had its SUNDOWNER and SUPER SUNDOWNER rigs.

Read more: Nabors Industries (NBR) CEO Tony Petrello on Q1 2015 Results – Earnings Call Transcript

Land Drilling

Nabors has the largest drilling rigs on land today. The fleet is over 450 rigs and are operational in more than 20 countries of the world. Its high specification rigs are also many. Most of the rigs they operate are technologically sophisticated. The success of the work they do is as a result of their determination to deploy new rigs, replacing the older ones and continuous maintenance.

Work History

Antony Petrello is the CEO of Nabors and Nabors Industries. He has held this position since 2011. Petrello has also another position he occupies at Nabors. He is Nabors’ board chairman: a position he has occupied since 2012. He served as deputy chairman, 2003-2012, of the board before being elevated to full chairmanship. He served as the company’s chief operating officer and its president from 1991 to 2011. At Stewart & Stevenson LLC, he is a director: a position he uses to navigate the company’s strategic planning and to enable the company adapt in a dynamic competitive industry. Anthony Petrello worked in Baker & McKenzie practicing the law since 1979 to 1991.

Board Memberships

Anthony Petrello, a respectable executive, has many other positions that he serves in other organizations. He has since 1991 served as director of Texas Children Hospital, Inc. He advocates for research. Apart from the chairmanship he occupies and the position of chief executive officer at Nabors, he has served as Steward & Stevenson LLC’s director. Antony is also affiliated with other boards like the Harvard Law School, Nabors Blue Sky Ltd, Yale University and MediaOnDemand.com.

Education

Antony Petrello has a degree from the prestigious Harvard Law School. He also has a Bachelor’s degree and a Master’s Degree in mathematics from Yale University. He practiced law specializing in arbitration, taxation and corporate law.

See more about Anthony Petrello on Wikipedia
Read more about Anthony Petrello on Bloomberg

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December 26, 2016