- CEO
- Anthony G. Petrello
- Full Time Employees
- 13,900
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- Address
- Crown House Hamilton HM Bermuda HM 08
- IPO Date
- Jun 15, 2021
- Business
- Nabors Industries Ltd. provides advanced drilling and drilling-related technologies and services to the global energy industry, operating one of the world's largest land-based drilling rig fleets and offshore platform rigs; offers directional drilling services, managed pressure drilling systems such as the Integra MPD-Ready Express, performance drilling tools, automated rig controls, data analytics, and manufacturing solutions for its own fleet and third-party operations; and delivers engineering, automation, and well construction services including casing running and digital tools through Nabors Drilling Solutions. The company, founded in 1968 and headquartered in Hamilton, Bermuda with key operational offices in Houston, Texas, conducts business across approximately 20 countries, targeting onshore and offshore oil and natural gas exploration for major operators in regions including the United States, Latin America, the Middle East, and international markets. In March 2025, Nabors closed its acquisition of Parker Wellbore for 4.8 million shares of Nabors common stock, expanding its high-margin drilling solutions segment with enhanced rental tools for downhole tubulars; recently formed strategic alliances including an expanded partnership with Corva for digital innovation in rig controls, collaboration with SLB and Halliburton on drilling automation, and a power solutions agreement with e2Companies; and continues energy transition investments such as those in Vast for renewables alongside deployments of advanced rigs in projects like Vaca Muerta, Argentina, and Colombia's extended-reach drilling.