<SUBMISSION>
<ACCESSION-NUMBER>0000950129-02-004208
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>3
<PERIOD>20020814
<ITEMS>7
<ITEMS>9
<FILING-DATE>20020814
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>NABORS INDUSTRIES LTD
<CIK>0001163739
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-49887
<FILM-NUMBER>02736290
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>C/O NABORS INDUSTRIES INC
<STREET2>515 WEST GREENS ROAD
<CITY>HOUSTON
<STATE>TX
<ZIP>77067
<PHONE>2818740035
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>C/O NABORS INDUSTRIES INC
<STREET2>515 WEST GREENS ROAD
<CITY>HOUSTON
<STATE>TX
<ZIP>77067
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>h99216e8vk.txt
<DESCRIPTION>NABORS INDUSTRIES LTD - AUGUST 14, 2002
<TEXT>
<PAGE>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


        Date of Report (Date of earliest event reported): August 14, 2002

                             NABORS INDUSTRIES LTD.
             (Exact name of registrant as specified in its charter)


         Bermuda                    000-49887                   980363970
(State or Other Jurisdiction       (Commission                (IRS Employer
     of Incorporation)             File Number)             Identification No.)


c/o The Corporate Secretary Ltd.
White Park House
Whitepark Road
Bridgetown, Barbados                                                     N/A
(Address of Principal Executive Offices)                              (Zip Code)

Registrant's telephone number, including area code: (246) 228-1590

                                       N/A
          (Former name or former address, if changed since last report)


<PAGE>


ITEM 7.   FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
          AND EXHIBITS.

          (c)  Exhibits

          Exhibit No.      Description

          99.1             Sworn statement of the Registrant's principal
                           executive officer pursuant to Section 21(a)(1) of the
                           Securities Exchange Act of 1934 (the "Act").

          99.2             Sworn statement of the Registrant's principal
                           financial officer pursuant to Section 21(a)(1) of the
                           Act.

ITEM 9.   REGULATION FD DISCLOSURE.

On August 14, 2002, Eugene M. Isenberg and Bruce P. Koch, the principal
executive officer and principal financial officer of Nabors Industries Ltd. (the
"Company"), respectively, each filed with the Securities and Exchange Commission
a written statement under oath regarding facts and circumstances relating to
filings of the Company under the Act pursuant to Securities and Exchange
Commission Order No. 4-460 requiring the filing of sworn statements pursuant to
Section 21(a)(1) of the Act. The Company is filing copies of such statements as
Exhibits 99.1 and 99.2 hereto, which are incorporated by reference herein.


<PAGE>


Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                      NABORS INDUSTRIES LTD.


Date:  August 14, 2002                By: /s/ Anthony G. Petrello
                                         -----------------------------------
                                         Anthony G. Petrello
                                         President & Chief Operating Officer



<PAGE>

                                  EXHIBIT INDEX



<Table>
<Caption>
Exhibit No.                         Description
-----------                         -----------

<S>                                 <C>
99.1                                Sworn statement of the Registrant's
                                    principal executive officer pursuant to
                                    Section 21(a)(1) of the Securities Exchange
                                    Act of 1934.

99.2                                Sworn statement of the Registrant's
                                    principal financial officer pursuant to
                                    Section 21(a)(1) of the Securities Exchange
                                    Act of 1934.
</Table>



</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>h99216exv99w1.txt
<DESCRIPTION>SWORN STATEMENT OF PRINCIPAL EXECUTIVE OFFICER
<TEXT>
<PAGE>
                                                                    EXHIBIT 99.1


     STATEMENT UNDER OATH OF PRINCIPAL EXECUTIVE OFFICER REGARDING FACTS AND
                 CIRCUMSTANCES RELATING TO EXCHANGE ACT FILINGS

I, Eugene M. Isenberg, Chairman and Chief Executive Officer of Nabors Industries
Ltd., state and attest that:

     (1) To the best of my knowledge, based upon a review of the covered reports
     of Nabors Industries Ltd. (the "Company"), and, except as corrected or
     supplemented in a subsequent covered report:

          o    no covered report contained an untrue statement of a material
               fact as of the end of the period covered by such report (or in
               the case of a report on Form 8-K or definitive proxy materials,
               as of the date on which it was filed); and

          o    no covered report omitted to state a material fact necessary to
               make the statements in the covered report, in light of the
               circumstances under which they were made, not misleading as of
               the end of the period covered by such report (or in the case of a
               report on Form 8-K or definitive proxy materials, as of the date
               on which it was filed).

     (2) I have reviewed the contents of this statement with the Company's audit
     committee.

     (3) In this statement under oath, each of the following, if filed on or
     before the date of this statement, is a "covered report":

          o    the Annual Report on Form 10-K of Nabors Industries, Inc. for the
               year ended December 31, 2001, as amended by the Form 10-K/A of
               Nabors Industries Ltd. filed June 27, 2002;

          o    all reports on Form 10-Q, all reports on Form 8-K and all
               definitive proxy materials of Nabors Industries, Inc. and Nabors
               Industries Ltd. filed with the Commission subsequent to the
               filing of the Form 10-K identified above; and

          o    any amendments to any of the foregoing.

/s/ Eugene M. Isenberg                               Subscribed and sworn to
----------------------                               before me this 13 day of
Eugene M. Isenberg, Chairman and Chief               August 2002.
Executive Officer


                                                     /s/ Brenda Pattillo
                                                     -------------------
                                                     Notary Public
                                                     My Commission Expires:

                                                     [Seal] BRENDA L PATTILLO
                                                     NOTARY PUBLIC
                                                     STATE OF TEXAS
                                                     COMM. EXPIRES 01-10-2005





</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>4
<FILENAME>h99216exv99w2.txt
<DESCRIPTION>SWORN STATEMENT OF PRINCIPAL FINANCIAL OFFICER
<TEXT>
<PAGE>
                                                                    EXHIBIT 99.2

    STATEMENT UNDER OATH OF PRINCIPAL FINANCIAL OFFICER REGARDING FACTS AND
                 CIRCUMSTANCES RELATING TO EXCHANGE ACT FILINGS

I, Bruce P. Koch, Vice President-Finance and principal financial officer of
Nabors Industries Ltd., state and attest that:

     (1) To the best of my knowledge, based upon a review of the covered reports
     of Nabors Industries Ltd. (the "Company"), and, except as corrected or
     supplemented in a subsequent covered report:

          o    no covered report contained an untrue statement of a material
               fact as of the end of the period covered by such report (or in
               the case of a report on Form 8-K or definitive proxy materials,
               as of the date on which it was filed); and

          o    no covered report omitted to state a material fact necessary to
               make the statements in the covered report, in light of the
               circumstances under which they were made, not misleading as of
               the end of the period covered by such report (or in the case of a
               report on Form 8-K or definitive proxy materials, as of the date
               on which it was filed).

     (2) I have reviewed the contents of this statement with the Company's audit
     committee.

     (3) In this statement under oath, each of the following, if filed on or
     before the date of this statement, is a "covered report":

          o    the Annual Report on Form 10-K of Nabors Industries, Inc. for the
               year ended December 31, 2001, as amended by the Form 10-K/A of
               Nabors Industries Ltd. filed June 27, 2002;

          o    all reports on Form 10-Q, all reports on Form 8-K and all
               definitive proxy materials of Nabors Industries, Inc. and Nabors
               Industries Ltd. filed with the Commission subsequent to the
               filing of the Form 10-K identified above; and

          o    any amendments to any of the foregoing.

/s/ Bruce P. Koch                                 Subscribed and sworn to
-------------------------------------             before me this 14th day of
Bruce P. Koch, Vice President-Finance             August 2002.

                                                  /s/ Robin Bauer Shaw
                                                  ---------------------------
                                                  Notary Public

                                                  My Commission Expires: 6/14/04




</TEXT>
</DOCUMENT>
</SUBMISSION>
