Nabors Industries is an enterprise that has been on the quest to establish itself as a world leader in oil and natural gas exploration. The company has been undertaking this activity for a very long time such that it has been able to adopt the best technology used in oil exploration. Initially, the company was known as Anglo Energy, however, in the course of time and under the guidance of different managers, the company ended up being renamed to Nabors Industries Ltd.
Various onshore and offshore drilling operations have been undertaken by the corporation, and it boasts of being able to find the precious commodity in regions of the world where other companies cannot venture. Nabors Industries has explored regions such as Africa, the Middle East, and the Far East. Since the establishment of the organization in 1968, and even when different directors took over management of the company’s operations, no much success was experienced, and as a result, very little was known about the drilling firm.
However, when Anthony G. Petrello was appointed to the managerial position, the organization became very prolific, and its services became highly demanded in different regions of the world. Nabors Industries does not associate itself with the oil refinery business, but it is only contracted by other companies to help in finding oil and natural gas. Tony took over the management mantle in 2012, and for sure, the company has continually been expanding since then.
Anthony G Petrello, on the other hand, is associated with a unique character that is not easily found in most people and that is his philanthropic nature. Anthony G Petrello has given out a lot of finance to the less fortunate in the society, and the peak of his philanthropy became evident when he offered over $5 million that was meant to help in financing research for cure of the deadly Periventricular Leukomalacia. Such an undertaking has contributed to creating a positive image for Tony Petrello, and it was also motivated by the fact that his daughter Carena Petrello suffers from the same complication.
To successfully give out such huge amount as a donation, one must be earning quite a huge sum of money, and that applies for Tony Petrello. In 2015, Tony was estimated to have received a total of $ 27,123,939. Tony holds different managerial positions in various organizations, and the financial reward that he gets is as a result of his hard work. Such companies include Hilcorp Energy Company and Texas Children’s Hospital.
For details: www.nabors.com/about-nabors/leadership-team