# Nabors Industries

Nabors Industries is an Asset Manager based in Houston, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Houston, United States
- **Region:** North America
- **Address:** Houston, TX, United States
- **Founded:** 1968
- **Assets under management:** Undisclosed
- **Website:** nabors.com

## Regulatory record

- **Reports private funds:** No

## About

Nabors Industries Ltd. is an investment firm. It has made one investment, deploying $17 million in total capital. The firm focuses on the Energy sector.

## Sectors

- Energy Transition & Renewables
- Industrial Tech

## People

- Anthony Petrello — Chairman, President and Chief Executive Officer

## Questions

### Who runs investment decisions at Nabors Industries?

Anthony Petrello, Chairman and CEO, has final authority over capital allocation and M&A. The firm operates as a public company (NYSE: NBR) with a traditional board-and-management governance structure, not a family-office investment committee. Major capital decisions — rig fleet expansion, acquisitions like Parker Drilling's rig assets, or geothermal investments — are approved at the board level.

### How does Nabors source its energy-transition investments?

Nabors Energy Transition Solutions — a separate entity formed in 2023 — evaluates geothermal, carbon capture, and emissions-monitoring investments that can leverage the parent company's drilling technology. The firm has indicated it prioritizes projects where its rig automation software and high-temperature drilling components offer a technical cost advantage over conventional geothermal developers (per the firm's official communications).

### What is Nabors' known posture on co-investments alongside external GPs?

There is no public record of Nabors co-investing alongside private equity GPs. The firm's public-company structure tends to favor wholly owned subsidiaries and organic technology development. External collaboration is more common at the engineering and joint-venture level — for example, rig-sharing arrangements with Saudi Aramco — than at the portfolio-company level.

## Related profiles

- [Green Thumb Industries](https://altss.com/profile/green-thumb-industries-inc)
- [Monte Rosa Therapeutics](https://altss.com/profile/monte-rosa-therapeutics-inc)

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Last updated: 2026-06-03T20:00:00.000Z

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