Nabors Industries's asset
Nabors Industries

@nabors.com

With operations in about 15 countries, Nabors Industries is a leading provider of advanced technology for the energy industry.

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About

Description

Nabors Industries Ltd. It was founded in 1968 as Anglo Energy and later changed its name to Nabors Industries in 1987. The company's headquarters are located in Houston, Texas, United States, and it is listed on the New York Stock Exchange under the ticker symbol NBR.


Nabors Industries provides a range of drilling services and equipment to the oil and gas industry worldwide. Its main products and services include land drilling rigs, offshore drilling rigs, drilling software, advanced drilling automation, directional drilling, and drilling waste management. The company also offers various support services such as casing running and tubular services, well logging, and consulting services.


With operations on a global scale, Nabors Industries has established a strong presence in major oil and gas-producing regions. The company operates in North and South America, the Middle East, Europe, Africa, Russia, and various other international locations. Nabors Industries has several noteworthy subsidiaries, joint ventures, and partnerships, including Canrig Drilling Technology, Tesco Corporation, and Saudi Aramco Nabors Drilling Company.


In terms of market position, Nabors Industries is one of the largest land drilling contractors globally. It maintains a strong competitive position in the industry due to its diverse product and service offerings, technical expertise, and extensive global footprint. The company has consistently focused on innovation and automation to enhance efficiency and minimize downtime for its customers.


Nabors Industries has achieved several significant milestones and events in its history. In recent years, the company has strategically expanded its service capabilities through acquisitions and joint ventures. Notably, it acquired Tesco Corporation in 2017, further strengthening its position in rig equipment and technology.


Additionally, Nabors Industries has been continuously investing in research and development to enhance its drilling automation capabilities and digital solutions. Currently, Nabors Industries continues to be a leading player in the global drilling industry, catering to the evolving needs of its customers worldwide. As of the latest updates, the company is focused on delivering reliable and cost-effective drilling solutions while maintaining a commitment to safety and environmental stewardship

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11-50

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