About Anthony Petrello
Anthony Petrello serves as Nabors Industries’ Chairman of the Board, President, and Chief Executive Officer. With its headquarters located in Hamilton, Bermuda, Nabors Industries is the world’s largest drilling contractor of natural gases and geothermal. It targets the United States, Africa, the Middle East, and the Far East. Since its inception as Anglo Energy, Ltd in 1968, Anthony Petrello has seen Nabors Industries grow to a globally recognized company. He is a holder of a J.D. degree from the Harvard Law School as well as a bachelor’s degree in Mathematics from the Yale University. His professional journey took shape in 1979 in 1979 after joining Baker & McKenzie, a renowned law firm. He worked at the law firm as Managing Partner in its New York offices between 1986 and 1991.
Anthony Petrello came to Nabors Industries in 1991 as the Chief Operating Officer. A year later, he made his way up to the position of the company’s President. In 2003, Anthony Petrello was appointed to the post of Nabors Industries Deputy Chairman and held this position until June 2012. He was appointed Nabors Industries’ Chief Executive Officer in 2011. He has been serving as Nabors Industries’ Chairman of the Board of Directors since 2012. He was named the Director of Stewart & Stevenson in the fall of 2011. His total compensation for 2015 amounted to $27, 512,939, where $1,580,077 was salary, $16,863,656 stock, $7,727,000 bonus, and $1,342,206 allowances.
About Nabors Industries
Nabors Industries started as Anglo Energy in 1968 before rebranding to Nabors Industries. It traded on the AMEX as NBR before moving to the New York Stock exchange in 2000. It’s the US largest natural gas and geothermal drilling company. It’s the sole provider of onshore well-servicing services in North America. Besides, it provides rigs for offshore drilling servicing as well as for offshore oil platform workover. It uses its 29 marine vessels to provide off-shore well-servicing in North America. As of 2006, Nabors Drilling had 190 rigs in Canada and 610 well-servicing rigs in North America. Besides, it offers many support services for onshore and offshore well-servicing and drilling operations.
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