Nabors Industries is one of the world’s leading oil drilling contractor companies and owner of the largest rig fleet in both land and offshore operations. It started off as a local oil drilling company in Alaska but is now based in Houston, TX and is currently led by Chairman Anthony Petrello. Petrello worked closely with former CEO and well-known investor Eugene Isenberg in building a company that developed not only proprietary mechanical technologies and advanced science in drilling techniques, but also in software and automated systems. In addition to being Chairman and CEO of Nabors, Petrello is also on the board of Hilcorp Energy and the Texas Children’s Hospital.
Petrello originally was interested in becoming a mathematician due to excelling in the subject as a young man. He attended Yale University where he received both a bachelor’s and master’s degree in advanced mathematics, and even studied under one of the pioneers of modern day Algebra, Professor Serge Lange. After finishing at Yale, he began to look more closely at law and finance, so he enrolled at Harvard University’s law school where he got his J.D. He then entered practice at Baker & McKenzie law firm where he guided many affluent clients through corporate legal issues. In 1991 he left the firm and brought his expertise to the executive boards of Nabors Industries. In 2011 he became Chairman when Eugene Iseberg stepped down.
Anthony Petrello is also the husband of former actress Cynthia Petrello and has a young daughter named Carena. Carena had a form of leukemia when she was born that affected her nervous system and she was later diagnosed with Cerebral Palsy. Anthony Petrello has said this was a life-changing experience for him and it began to change what he was passionate about. He looked into finding treatment and possibly a cure for Carena’s condition, but none of the physicians he consulted could do anything for Carena. So he decided to get involved with funding research for neurological research centers, and he met Dan and Jan Duncan who had become very interested in funding research and even had a research facility at the Texas Children’s Hospital named for them. Anthony Petrello has donated upwards of $7 million into research and hopes that he and Dan Duncan can inspire others to give to the cause.