The Rise To Top Pay Of Energy Executive Tony Petrello

The oil and gas market is a very fluid and capital-intensive industry. It becomes compelling to make strategic long-term human capital commitments.

Nabors Industries operates one of the biggest oil and gas drilling services from Houston, Texas, specializing in land-based drilling, well servicing and offshore rig management with significant global interests. In other words, if you are big oil, you come to Nabors to get your oil, gas and geothermal wells built and rigs setup.

Nabors prides itself in being able to deliver incomparable automation to drilling, vast experience in directional drilling and efficient rig management solutions. Its core portfolio includes the manufacture of drilling drives, oil well construction, rig installation and moving, rig instrumentation equipment and data services. Nabors Industries is publicly listed and operates an expansive infrastructure in the US, Middle East, Asia and Africa employing over 25,000 people and turning in well over $3 billion in yearly revenue.

Anthony Petrello is serving as the Board Chairman, President, and CEO of Nabors Industries since 2012. With over twenty years executive experience in the oil and gas industry, Tony recently made news as the tenth highest paid executive. For a good reason too. He has risen through the ranks to head the company and continued to steer it to the top of the leaderboard. A top ivy-league performer is starting back in school. Tony is a Harvard Law School law graduate and holds a Mathematics Masters from Yale University.

Previously he enjoyed the position of Deputy Chairman at the firm from 2002 to 2011. Tony has held other executive and operational posts at Nabors since joining them in 1991. Before Nabors, Tony worked for the law firm Baker & McKenzie and is credited with rapidly growing the New York unit as its Managing Partner. With a focus on corporate law, international arbitration and taxation, it is easy to see the attraction to the oil and gas industry.

Tony is also associated with other institutions such as Stewart & Stevenson and Hilcorp Energy. He is a passionate advocate for research into children’s neurological disorders and serves on the board of trustees at the Texas Children’s Hospital.

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