Monthly Archives: May 2017

Success And Anthony Petrello

Anthony Petrello was his freshman year, college roommate. Lloyd Grove writes, in the Daily Beast, about his experiences knowing Petrello in his early days, before all of his success.

He describes an Italian-American kid who was extroverted, laughed easily, and was a “wicked-smart math whiz”. Lloyd Grove may have felt envious of Petrellos success, but he was also proud to have known the multi-millionaire and had fond memories of him.

Tony Petrello received his B.S. and M.S. degrees, from Yale University, in Mathematics. He also went to law school at Harvard and received his J.D. degree. His career started out as an attorney, which led to the eventual hiring by Nabors Industries Ltd. in 1991. He currently holds the title of Chief Executive Officer within the company. His contribution to the company has made him and the company a lot of money.

Nabors, an oil and gas drilling company, first opened its doors in 1952, through the efforts of Claire Nabors. The company made a good reputation in Alaska by hiring women, developing modular rigs, and drilling the first horizontal well in the world. Because of its success, Anglo Energy bought control over the company, but eventually went bankrupt. This opened the door for Eugene Iseberg and Marty Whitman to buy into the company and make it what it is today. Through drilling overseas, buying more drilling and equipment companies, they have managed to turn it into a $17 billion company.

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