Tony Petrello Enhances Operations in Oil Industries

Anthony Petrello, better known as Tony, is the Chief Executive Officer and President of Nabors Industries Ltd. Tony is also the Board Chairman of the company’s executive committee. The organization is located in Hamilton, Bermuda. Its main line of business is in natural gas drilling and geothermal contractor. The company carries its operations in the United States, Middle East, and the Far East and Africa. Since its establishment in 1968, Anthony Petrello has played a significant role in developing Nabors Industries.

Anthony Petrello went to Yale University and Harvard University. While at Harvard, Tony studied law at the Harvard Law School. After that, he acquired an MS and BS Mathematics degree from the University of Yale. Anthony then began his career path in 1979 at the Baker & McKenzie law firm. Anthony held leadership posts in the organization. For five years, Anthony Petrello served as the company’s managing partners at the New York-based office.

After a series of recognition in the legal organization, Anthony Petrello thought it wise to move to another company. In 1991, he joined Nabors Industries serving as its Chief Operating Officer. After a year, Tony was promoted to be the organization’s president. Nabors Industries Ltd success is attributed to Tony’s management skills. He is found almost everywhere in the leadership positions. Besides being the company’s president, Tony Petrello chairs the Board meetings of Nabors Industries. Currently, Tony is the Director of Texas Children’s Hospital.

As of the year 2006, Nabors Industries had acquired ownership of 610 land work over and the best servicing rigs in the U.S. In Canada, the organization owns 190 rigs as well as oil platforms totaling to 48 and five barge rigs. According to Anthony Petrello, Nabors Industries provides support services for both onshore and offshore drilling of oil. To supplement the company, Nabors Industries has 29 marine vessels chartered fleets designed to conduct maritime operations accurately. Additionally, the containers make directional drilling systems and drilling drives. Under Tony Petrello’s guidance, the oil industry performs its tasks with a lot of ease.

Since Anthony became the company’s CEO, Nabors Industries share price approximately went up to almost 180%. The rise is an indication of Petrello’s hard work in the organization. He displays his commitment towards bettering Nabors Industries.