Tenaris Expands Fracking Capacity at Vaca Muerta with New Investment

Tenaris is expanding its fracking capacity at Vaca Muerta by acquiring a third hydraulic fracking set, enhancing its market position as the third largest provider of such services.

Tenaris has announced an expansion of its fracking capacity at Vaca Muerta through its third hydraulic fracking set. This development follows the acquisition of its first and second fracking sets in 2020 and 2024, respectively. With this new investment, Tenaris is reinforcing its position as the third largest provider of fracking services within the local market.

In summary, Tenaris is bolstering its operational capabilities at Vaca Muerta by investing in a third fracking set, following previous acquisitions. This strategic move reinforces the company’s status as a leading fracking service provider in Argentina.

Original Source: www.marketscreener.com