Tenaris is increasing its capacity in Vaca Muerta by investing in a third hydraulic fracking set, following previous acquisitions in 2020 and 2024. The company is now the third largest fracking service provider in Argentina.

Tenaris has announced an investment to enhance its capacity in Vaca Muerta through the introduction of a third hydraulic fracking set. This expansion follows its previous acquisitions of hydraulic fracking sets in 2020 and 2024. As a result of this investment, Tenaris has positioned itself as the third largest provider of fracking services in the Argentine market.

In summary, Tenaris is significantly expanding its operations in Vaca Muerta with a new fracking set, reinforcing its status as a key player in the local fracking services market. This initiative illustrates the company’s commitment to supporting the energy sector in Argentina.

Original Source: www.marketscreener.com