Since joining Nabors Industries as a Chief Operating Officer, Anthony Petrello has steadily grown through the ranks in the company. A year after his appointment, Tony was promoted to become the President of the company. From 2003 to 2012 he held the position of Deputy Chairman of Nabors Industries. Anthony Petrello took on the role of Chief Executive Officer in 2011 and Chairman of Board of Nabors Industries in 2012.
With operations in America, the Middle East, and Africa, Nabors Industries is the largest company globally that specializes in natural gas and geothermal drilling. The Huston-based company offers directional drilling services, performance tools for gas and oil markets, and innovative technology solution. Anthony Petrello leads a skilled, experienced, and qualified team who purpose to facilitate growth and set new trends that transform the sector. During Anthony’s tenure, Nabors services and products have increased significantly. The number of active rigs now total at over 500 and the company’s reach has expanded to over 25 nations globally.
Recently, Anthony Petrello facilitated the acquisition of Tesco Corp by Nabors Industries. The $216 million will accelerate growth in the drilling solutions unit at Nabors Industries and enable it to drive sales by offering integrated solutions. The deal also strengthened Nabors Industries position in the market and aligned with the company’s vision of providing additional services and products on a global basis. Tesco deals with manufacture and design of technology-based solutions for the energy industry in America. Anthony’s priority at Nabors Industries is to provide excellent services and products and retain market leadership.
Tony Petrello is an alumnus of Yale University and holds a B.S and Master of Science in Mathematics from the University. Anthony also earned a J.D from the Harvard Law School. He started out as a practicing attorney at the Baker & McKenzie and focused on corporate law, arbitration and taxation. While at the firm, he became the managing partner of the New York office. Also, Anthony Petrello’s first interaction with Nabors Industries was at the law firm.
Anthony is a director of the Hilcorp Energy Company and Stewart & Stevenson LLC, and a member of the Texas Children’s Hospital Trustees. Together with his wife Cynthia, Anthony Petrello support pediatric research at the Texas Children Hospital. The Petrellos are passionate about initiatives aimed at improving children’s health as they have a daughter who suffers from a neurological condition. Anthony Petrello offered a $ 5 million donation to the Texas Children’s Hospital to support the construction of a Pediatric complex.