NBR - Nabors Industries Ltd.

NYSE - NYSE Delayed Price. Currency in USD

Nabors Industries Ltd.

Crown House
Second Floor 4 Par-la-Ville Road
Hamilton HM 08
Bermuda
441-292-1510
http://www.nabors.com

SectorEnergy
IndustryOil & Gas Drilling
Full Time Employees15,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Anthony G. PetrelloChairman, Pres & CEO4.65MN/A1955
Mr. William J. RestrepoChief Financial OfficerN/AN/A1959
Mr. Mark D. Andrews CA, CFACorp. Sec.N/AN/A1973
Mr. R. Clark WoodVP & Chief Accounting OfficerN/AN/A1972
Mr. Sri ValleruChief Information & Procurement Officer and VPN/AN/AN/A
Amounts are as of December 31, 2017 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Nabors Industries Ltd. provides drilling and drilling-related services and technologies for land-based and offshore oil and natural gas wells. It operates through five segments: U.S., Canada, International, Drilling Solutions, and Rig Technologies. The company offers equipment manufacturing, rig instrumentation, optimization software, and directional drilling services. It also provides patented steering systems and rig instrumentation software systems, including ROCKIT directional drilling system that offers data collection services to oil and gas exploration and service companies; REVit control system, a stick slip mitigation system; RIGWATCH software, which monitors a rig's real-time performance and provides daily reporting for drilling operations; and DrillSmart software that allows the drilling system to adapt operating parameters and drilling conditions. In addition, the company offers measurement while drilling (MWD) systems and services, such as AccuMP mud pulse MWD system, which is designed to address the various MWD reliability issues; AccuWave collar mounted Electromagnetic MWD system that addresses the needs of the land market through the technology and design techniques; and Nabors' AccuSteer Measurement While Drilling (M/LWD) Suite, which is a premier dynamics evaluation MWD system for performance drilling with integrated advanced geosteering measurements. Further, it manufactures and sells top drives, catwalks, wrenches, draw works, and other drilling related equipment, such as robotic systems and downhole tools; and provides automated tubular and tool handling equipment. As of December 31, 2017, the company marketed approximately 407 rigs for land-based drilling operations in the United States and Canada, as well as in 20 other countries worldwide; and 38 rigs for offshore drilling operations in the United States and internationally. Nabors Industries Ltd. was founded in 1952 and is headquartered in Hamilton, Bermuda.

Corporate Governance

Nabors Industries Ltd.’s ISS Governance QualityScore as of November 1, 2018 is 7. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 1; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.