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Tenaris Invests $110 Million in a Growing Business without “Trapping”
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Tenaris launched its third hydraulic fracture team at Vaca Muerta, an investment of US$ 110 million. Thus, it has already spent US$ 240 million on the development of its oil services business. The disbursement amounts to almost half of all the capital investment made by Tenaris globally in the first half of the year. Although the pipeline business is still much larger, Tenaris is finding good predicament in the oil services.The company started o…
·Buenos Aires, Argentina
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