Tenaris is increasing its well completion capacity at Vaca Muerta through the acquisition of a third hydraulic fracking set. This follows previous investments made in 2020 and 2024, positioning the company as the third largest fracking services provider in Argentina.
Tenaris has announced an expansion of its fracking operations in Vaca Muerta with the introduction of a third hydraulic fracking set. This investment will enhance Tenaris’ well completion capacity significantly. Previously, Tenaris acquired its first fracking set in 2020 and followed with a second set in 2024. As a result of these strategic additions, Tenaris has ascended to become the third largest provider of fracking services in the Argentine market.
In conclusion, Tenaris is strategically enhancing its capabilities in the Vaca Muerta region by investing in its third hydraulic fracking set. This growth follows previous acquisitions in 2020 and 2024, reinforcing Tenaris’ position as a leading fracking service provider in Argentina.
Original Source: www.marketscreener.com
