Nabors Industries (NYSE: NBR) is a leading global oil and gas drilling contractor headquartered in Hamilton, Bermuda with operational offices in Houston, Texas. Through its Nabors Energy Transition Ventures (NETV) arm, the company invests in disruptive energy transition startups focused on geothermal, energy storage, and emissions monitoring technologies.
33% of their portfolio is in Climate & Energy. Deal activity increased 100% year-over-year (2 deals in the last 12 months). Average disclosed round size is $37.1M (across 9 rounds with reported amounts).
Portfolio
8
Fund Size
—
Top Stage
Unknown
Last 12 Mo
2
Team
Jade Strong
Senior Vice President, Chief Administrative Officer
Mark Andrews
Vice President and Corporate Secretary
Subodh Saxena
Senior Vice President, Operations
Michael Csizmadia
General Counsel and Chief Compliance Officer
Miguel Rodriguez
Chief Financial Officer
Miguel Sanchez
SANAD Chief Executive Officer
Siggi Meissner
President, Global Drilling and Energy Transition
Portfolio Breakdown
Stage Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| HHephae Energy Technology LLC | Unknown | $17.8M | Jul 2026 |
| GGA Drilling, a.s. | Unknown | $21.2M | Mar 2026 |
 Vast Solar | Unknown | $3.5M | Aug 2025 |
 Ignis H2 Energy | Series A | $13.6M | Jun 2025 |
| IIgnis | Series A | $13.6M | Jan 2025 |
| GGA Drilling, a.s. | Unknown | $15M | Apr 2024 |
| QQuaise, Inc. | Unknown | $12M | Aug 2021 |
 Quaise | Unknown | $103M | — |
| QQuaise Energy | Series B | $134M | — |
Top Co-Investors
Last updated: 8 September 2026