Tenaris Expands Fracking Capacity in Vaca Muerta with New Investment

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Tenaris is increasing its fracking capacity at Vaca Muerta with a third hydraulic fracking set, following earlier acquisitions in 2020 and 2024, solidifying its position as the third largest fracking service provider in Argentina.

In Argentina, Tenaris has enhanced its operational capacity at the Vaca Muerta formation with the introduction of its third hydraulic fracking set. This investment aims to enlarge the company’s well completion capabilities, building upon its earlier acquisitions of fracking sets in 2020 and 2024. With these advancements, Tenaris now ranks as the third largest fracking service provider in the domestic market.

In summary, Tenaris is significantly boosting its presence in the fracking sector of Argentina’s Vaca Muerta with the introduction of a new fracking set, marking its continued investment in the region. This development reaffirms its position as a key player in the industry after previous investments in 2020 and 2024.

Original Source: www.marketscreener.com

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