March 16, 2021 |
Tenaris, a global maker of steel pipes for the energy industry, has acquired fracking equipment from US-based oil services company Baker Hughes in Argentina, allowing it to step up its services in the Vaca Muerta shale deposit on an expected rise in activity. The deal includes a pressure pumping fleet, a coiled tubing unit and related equipment, the Luxembourg-based company said in a statement.
The purchase "will enable us to become a relevant player in the onshore unconventional services sector
Steel pipe maker bets on growth in fracking services in Vaca Muerta