The Man Behind Nabors Industries: Anthony Petrello

Anthony Petrello is the chief executive officer of one of the world’s leading gas and oil drilling companies, Nabors Industries Limited. Petrello is an alumni of Yale University with both a bachelor and master degree in mathematics. He continued his education at Harvard Law School which led him to his career as a lawyer with Baker and McKenzie law firm in 1979. After establishing his career with the firm, he assumed the role of managing partner at the New York branch of the company from the mid 80’s to early 90’s. Anthony Petrello began his tenure with Nabors Industries in 1991 as the chief operating officer and would later become the president of the company the following year. Almost 20 years later, Petrello became chief executive officer while also serving as chairman of the board for Nabors Industries and more information click here.

Under Petrello’s leadership, Nabors Industries transitioned from a penny stock company into a profitable corporation with stock being traded at the New York Stock Exchange and joined the S&P 500 index. Nabors Industries has taken the initiative over the years for how drilling was conducted across the world. A few notable accomplishments include: being the first to employ women at drilling campsites, establishing the world’s first horizontal drilling well, and establishing BP’s first successful oil well on Alaska’s North Slope. Boasting a diverse catalog of drilling assets, Nabors has acquired numerous companies that allowed the company to be competitive in several facets of the drilling business. Those acquisitions have allowed the company to have a footing in developing oil and gas shales with pressure pumping, well servicing in the international market, offshore drilling, and established a strong position in the drilling equipment business and his Twitter.

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