Anthony Petrello is the President and the Chief Executive Officer of the Nabors Company. Anthony was elected to Executive Committee and the Nabors Board of Directors in 1991 He served in this position until 2003. Tony was appointed the Deputy Chairman of the Company in 2003 and later the president in 2011. Since 2012, Tony was appointed the Chairman of the Board.
Tony has created stellar career over the years. Before joining Nabors, he worked for other major companies. Between 1979 and 1991, Petrello was working for the Baker and McKenzie law firm. His responsibilities included corporate law, arbitration, and taxation. Due to his success in the firm, Anthony Petrello promoted to the Managing Partner of the New York office of the Law firm. Tony resigned from the firm in 1991.
As the President of Nabors, Tony is charged with different responsibilities. Tony also provides strategic planning and direction to the team.
Tony serves as the director of the Hilcop Energy Company and the Steward and Stevenson. He serves as a member of the Board of Directors at the Trustees of Texas Hospital. Over the years, Tony has been an advocate for clinical research done to address neurological conditions affecting children. His personal experience has motivated his advocacy for the clinical research.
Tony Petrello attended Yale University for his Bachelor of Science in Mathematics and his Master in Mathematics from the same University. Tony earned his Juris Doctor degree from the Harvard University.
Tony is among the highest paid C.E.Os in the oil industry.
Nabors, founded in 1968 is an oil, geothermal drill, and natural gas company. The Company has different offices across various states including Africa, Middle East, America, and the Far East.
Nabors founded as an Anglo Energy Company. The name was later changed to Nabors Industries. The company was traded on the Amex but later moved to the New York Stock Exchange.
In 2007, Nabors Industries sold the Sea Mar Fleet to Hornbeck Offshore Services. The deal was $ 189 million which included 20 supply vessels.