Tenaris Acquires AllTorque’s Oilfield Division
March 27, 2026
Tenaris has acquired AllTorque’s oilfield division, strengthening its tubular running services by integrating AllTorque’s torque-turn monitoring systems into Tenaris’s Rig Direct and WISer offerings. The deal is designed to improve well integrity and rig-floor operational efficiency, building on an existing collaboration and expanding Tenaris’s Canada footprint.
- Buyers
- Tenaris
- Targets
- AllTorque's oilfield division, AllTorque Control Systems Inc.
- Industry
- Oil & Gas
- Location
- Alberta, Canada
- Transaction Type
- Buyout
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