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Growth of Nabors Industries under CEO Tony Petrello

Tony Petrello is the CEO of Nabors Industries. Currently, it is the biggest firm in the country in the oil and gas drilling sector. With the input of Tony Petrello, the company has expanded its business operations to other continents. Currently, it is the number one oil and gas drilling company in the world with a presence in 25 countries. The company has been boosted in its development plan by having the best drilling technology. Their rigs are of the best quality and are therefore bought by many other players in the drilling industry.

Tony Petrello joined Nabors Industries in 1991 as the Chief Operating Officer. Since then, he has been part of this company growing with it at every step of the way. He has made sure that the company is growing according to the changing need of the industry. From a small company that it was in the past few decades, it has grown into a leading firm in the world. Through the input of Tony Petrello, the growth has been tremendous because he has been trying to come up with the best innovative ideas that no other company is implementing. ‘Through innovations, Tony has made Nabors Industries rise above the recent in the oil and gas drilling sector.

Tony is a naturally talented problems solver who believes that everything can be solved as long as there is willingness. His success as an executive has come from the fact that he knows what needs to be done in times of challenges. This has been the main reason Nabors Industries continues to do well even at times when the economy is not doing well. In the past one decade. There have been numerous economic challenges brought about by the financial crisis of 2008. However, despite these challenges, Tony still managed to put Nabors Industries on the list of the best-performing companies in the United States.

Tony Petrello has been recognized for the great work he is doing at Nabors industries with a mention in the list of the highest income earners in the country in2015. The good performance of Nabors Industries has translated into a higher compensation.

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