Nabors Industries Ltd. (NBR) is a leading global provider of drilling and drilling-related services for land-based and offshore oil, natural gas, and geothermal drilling rigs. Its multiple service lines, competent technology, and experienced workforce contribute significantly toward its global prominence in the Oil and Gas industry. Founded in 1968, the company's corporate headquarter is currently in Hamilton, Bermuda.
Nabors has field operations across the globe, including major areas of North, Central, and South America as well as Africa, the Middle East, and Asia. It operates the world's largest land-based drilling rig fleet and also offers rig instrumentation equipment, software, and advanced drilling automation solutions. The company forms a paramount link in the oil and gas value chain, as its services are critical in the upstream phase of oil and gas extraction. Nabors has a fleet of approximately 400 actively marketed rigs for land-based drilling operations in the U.S., Canada, and approximately 20 other countries globally.
Additionally, Nabors Industries provides technology-focused energy equipment and services to well drilling sites and production locations. Their portfolio also includes technologies for directional drilling, rig instrumentation, data collection, and software applications to help drill wells more efficiently and productively. This high-tech approach informationally links the drilling rig to a network of services to streamline operations, making Nabors a distinctive player in the industry.
The company is committed to health, safety, and environmental sustainability in its operations. Its commitment extends from corporate governance and employee safety to environmental management and community involvement. They are known for a unified approach to safety, with rigorous safety programs and frequent training sessions.
With its modern and diversified fleet of top-performing equipment, Nabors Industries Ltd. continues to set new standards for the drilling industry's operational efficiency. Their focus on technological advances in drilling automation, along with a highly skilled workforce, allows them to face the industry's challenges, increase productivity, and reduce the environmental footprint of their operations. The company has been instrumental in transforming the oil and gas industry with its drilling automation technology, and it continues to pave the way for a safer, more efficient future in energy extraction.