Effective January 1, 1987, the organization currently known of as Nabors Industries Ltd. began operation under the current management team. At that time, a new board of directors was appointed which included Eugene M. Isenberg in the role of Chairman and Chief Executive Officer. Under the current management's leadership, Nabors has become the world's largest provider of land and platform drilling contract services for exploration and development of oil, gas and geothermal wells.
In 1987, Nabors' scope of business was limited to contract land drilling services on the North Slope of Alaska, Western Canada and in the Rocky Mountains region of the United States. Since that time Nabors has expanded its contract land drilling services into most major oil and gas producing regions of the world. In addition, Nabors has broadened its oil and gas contracting services to include offshore drilling and workover and US land well-servicing and workover.
More recently, Nabors has been actively expanding its business into areas that supplement its primary business as a drilling contractor. These businesses provide our customers with information technology, drilling systems, engineering, transportation, construction, maintenance, well logging and other support services in selected domestic and international markets.
|| Click here to view major milestones in our operating history.