The energy sector has been one of the most rewarding businesses in the world and most companies have found a financial breakthrough in this essential sector. All over the world, there will always be a demand for energy and there is no company that understands this intrinsic need than Nabors. Nabors Industries moved in with speed to deliver the services required by interested parties and consumers of energy in terms of providing drilling services as well as the creation of geothermal energy. Geothermal power is one of the most used alternative source of energy in the world today hence the rise in the demand for Nabors services. This is what the company has been banking on to maintain its relevance in the highly volatile business environment.
As Nabors moves to even greater successes, the man behind its enviable accomplishments is one great CEO tony Petrello. On its own wise decision, the company absorbed Petrello in its team of intellectuals in 1992 and since then he has been nothing short of successful bargain. Petrello had been a fulltime attorney in Ney York and even in his five years in the corridors of justice he had done an enviable job. He actually had risen to the ranks of being a managing partner in the law firm where he started his legal practice. However, the CEO’s future seems to have been destined in a more complex venture and the energy sector proved to be challenge his intellectual mind wanted to deal with.
Being an alumnus of some of the best universities the world over, Petrello had all it takes to shake the world of billionaires. After joining Nabors in 1992, he was elevated to the position of company’s president a few years later. This went on and within a decade, he rose through the ranks to become the company’s CEO and the chairman of the board. Today he not only chairs the board of directors at Nabors but also other notable company’s in the US. His accolades and fame surpass the echelons of the energy industry as he is admired by business leaders in all spheres of life.