Tony Petrello’s career in the oil industry

The oil industry is a lucrative business all over the world. Due to the nature of its returns, it is very competitive. It is an industry that attracts the wealthy in the business circles. The biggest oil and natural gas drilling company in the United States is located in Texas. The company is called Nabors Industries. It is not only the biggest company in the United States but the largest in the world. However, it has not always been like that. The company has risen to this position lately since it received a new CEO called Tony Petrello. He has been behind the transformation of the company from a medium level company to a leading oil giant in the world. Tony Petrello joined Nabors Industries in 1992 and has been growing through the ranks. His first duty was that of a chief operating officer. He was later promoted to other positions until he became the CEO, he also serves as the Board Chairman of Nabors. His impact in the oil drilling industry has attracted admiration from people who look up to him for inspiration.

Rarely does someone who does not even have any academic certificates on business courses is offered such prime jobs. Tony Petrello despite being a mathematician and a lawyer, he was given this top job in a business company. Tony Petrello was brilliant in solving problems. Throughout his academic journey, he had spent time-solving all manner of mathematical and legal problems. His mind was sharpened to handle even other diverse problems. He has already proved this through the work he has done at Nabors Industries. He has created solutions to the problems that hindered growth in the oil firm. He has come up with solutions such as the acquisition of competing firms to expand the company’s operations. Nabors have acquired companies that were offering services different from theirs.

These acquisitions have helped the company manage to offer more services to their clients. Apart from the business face, Tony Petrello is also involved in philanthropic work. He is behind the development of a neurological research center in Texas. It is a center that is meant to research and come up with a treatment for neurological disorders in children. Tony Together with his wife has contributed $5 million to this initiative. They hope the researchers will make a breakthrough in the treatment of brain disorders as their daughter will be a beneficiary of such inventions. Carena, their daughter, suffers from Periventricular Leukomalacia (PVL), a disorder which hampers mobility in the human body. Carena suffers from an inability to chew food, walk or even talk.

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