August 11, 2017

Anthony Petrello – The Strength of Nabors Industries

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Nabors Industries is one of the largest contractors of offshore platform work and drilling rig service in the United States and many other international markets. They also manufacture and distribute a broad range of drilling systems, drilling technology, data collection equipment and rig reporting software. The company started its operations in the year 1986 and had its head office in Hamilton, Bermuda. Until the last year, the company had about 400 actively land-based marketed rigs for drilling operations worldwide and 41 for offshore drilling projects. The company uses innovative drilling technology that can be used in unfavourable drilling environments like the desert or sensitive locations around the world.

Great leaders make great companies. It is true for Nabors Industries. Its current CEO and President is Anthony Petrello who has been with the company since 1991. He offers his insights into the industry and offers strategic plans allowing the company to compete with other international companies and the ever-evolving energy industry. The only way for a company to survive for so long is by adopting newer technology and offer innovative and unique solutions to the drilling industry. They are a pioneer in the oil industry and hire only the best people to work for them.

Under the leadership of Anthony Petrello, Nabors Industries is involved in many philanthropic works and supports many national and international charities. One of the charities that they donate to is the Komen Race for the Cure which creates awareness about breast cancer and collects donations to help those suffering from this disease. Along with it, the company also donates to the National Multiple Sclerosis Society and offers a mentorship program in association with the Aldine Independent School District.

As a father to a daughter born with a neurological illness, Anthony Petrello and his wife continually make donations to hospitals and research laboratories to help continue their studies on mental and physical disorders and find a cure for the same. He is the Director of the Texas Children’s Hospital, a non-profit hospital for children that was set up in 1954. He also volunteers many hours talking and motivating the parents of children with disorders to celebrate every victory of their children.

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Category : BusinessmanInvestment Tips

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