Nabors Industries (NYSE:NBR) is a leading global provider of drilling services, rig systems, and related technologies to the oil and gas industry. With a history dating back to its founding in 1952, the company has grown from a regional land rig operator into a diversified energy services firm. Nabors’ core business includes the design, manufacture, leasing, and operation of a fleet of advanced drilling rigs, as well as the provision of drilling optimization services and aftermarket parts support.
The company’s rig portfolio encompasses both onshore and offshore assets, featuring automated drilling technology and proprietary rig controls known as RigSense. Nabors delivers performance enhancement tools such as BHA drilling optimization software, real-time downhole monitoring, and remote operations centers. These products and services aim to increase drilling efficiency, reduce nonproductive time, and improve safety in challenging operating environments.
Nabors serves a broad geographic footprint, operating in North and South America, the Middle East, Asia Pacific, and other key hydrocarbon-producing regions. The company works with major integrated oil companies, national oil companies, and independent producers. Nabors’ strategically positioned manufacturing and maintenance facilities support local rig fleets and enable rapid deployment of replacement parts and technical expertise to customer sites around the world.
The company is guided by a leadership team with deep industry experience. Executive Chairman and Chief Executive Officer Anthony G. Petrello heads the board, supported by senior executives overseeing operations, technology development, financial management, and global services delivery. Under this management structure, Nabors continues to invest in next-generation drilling solutions and extend its reputation for robust safety performance and environmental stewardship.
