Category Archives: Innovative Solutions

Anthony Petrello and His Innovative Solutions for Nabors

Anthony Petrello is the President and CEO of Nabors industries which is the world’s largest land-based drilling rig fleet in the United States. Petrello has been the Chief Executive Officer of Nabors since October 28, 2011, and he has been the president since 1991. He has a large amount of experience in the oil rig business on Houston Chronicle strictly based on the time he’s spent in Nabors. Before Petrello was the President and CEO of Nabors he worked as a managing partner at the law firm Baker & McKenzie from 1979 to 1991.

The drilling rig business is highly competitive, and sometimes difficult to stay afloat. Obviously, Anthony Petrello is doing something right to give Nabors the capability of being the largest land-based drilling rig fleet in the United States. Petrello offers strategic planning to help adapt and prosper within the dynamic market. Petrello and his team offer unique and innovative marketing strategies offering some of the highest levels of rig equipment. Another important advancement put in by place by Petrello and Nabors is their proprietary line of drilling software and technology which helps optimize drilling performance.

Nabors operates in over twenty countries. And not only do they have drilling rigs for their own company, they also offer innovative drilling technology, directional drilling operations and drilling instrumentation and software to other companies to improve their drilling ability. All of these innovative ideas and solutions come from Petrello and his task force that work tirelessly to have the most up to date technology and software.

It is their effort that has made Nabors the number one drilling company size wise and profit wise. Anthony Petrello continues to come up with new ideas and strategies to improve their technology and solutions. Another element that helps Nabors is that they have off-shore drilling and on-shore drilling which has helped improve their profits.

Related: http://blogs.marketwatch.com/thetell/2014/05/27/why-nabors-ceo-wont-top-best-paid-bosses-list-again-in-2014/