Tony Petrello seemed destined to be a mathematician. He attended Yale University where he earned his Bachelors and Masters Degree in Mathematics. While it seemed likely he would then pursue a Ph.D. in this subject he instead attended Harvard Law School and earned his law degree. This led to him joining a white shoes New York City law firm called Baker & McKenzie in 1979. His legal specialties corporate law, taxation, and international arbitration. His deep knowledge of the law eventually led to him being named a Partner of the firm in 1986.
In 1991, Tony Petrello left position at Baker & McKenzie in order to join an oil firm in Houston, Texas. He was hired by Nabors Industries as their President and Chief Operating Officer. That same year he was elected to the company’s Executive Committee of the Board and its Board of Directors. Tony Petrello earned the role of Deputy Chairman of the Board in 2003. In October 2011, Tony Petrello was named Chief Executive Officer of Nabors Industries as well as President. Finally, in 2012 he was elected as Chairman of the Executive Committee of the Board and Chairman of the Board.
His time at Nabors Industries has seen a lot of changes in the oil industry in the intervening 26 years. When he started oil was mainly pumped from wells either offshore or onshore. Nowadays fracking technology developed substantially where oil is gotten out of the ground in an entirely new way which has led to much less expensive oil and gas prices. Tony Petrello leadership ensures successful has ably led Nabors Industries through these profound changes in the industry.
Under the direction of Tony Petrello, Nabors Industries has grown into the largest driller of geothermal and natural gas resources in the world. They have drilling operations around the globe including in the US, the Middle East, Northern Africa, and the Middle East.
Tony Petrello is also a director at two other oil industry companies, Hilcorp Energy Company and Stewart & Stevenson LLC. Additionally, he serves Texas Children’s Hospital by serving on its Board of Trustees.