Tenaris is set to expand its fracking capacity at Vaca Muerta with a third hydraulic fracking set. This follows previous acquisitions in 2020 and 2024, establishing Tenaris as the third-largest fracking services provider in Argentina.

Tenaris is enhancing its capacity in Vaca Muerta by introducing a third hydraulic fracking set. This new investment will notably expand the company’s well completion capabilities. The company has been progressively increasing its operational assets, having acquired its first fracking set in 2020 and a second in 2024. Since these developments, Tenaris has established itself as the third-largest provider of fracking services within Argentina’s local market.

Tenaris’s latest investment in the Vaca Muerta region signifies its commitment to expanding well completion capabilities. With the acquisition of a third fracking set, along with previous investments in 2020 and 2024, the company solidifies its position as a prominent player in the Argentine fracking market.

Original Source: www.marketscreener.com