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Tenaris acquires the oilfield division of AllTorque, a leader in tubular running technology

Tenaris has acquired AllTorque’s oilfield division, a leading original equipment manufacturer (OEM) of tubular running technology. This acquisition builds on an existing collaboration between the two companies and will enhance Tenaris’s WISer™ solutions to support well integrity for Rig Direct® customers.

Based in Red Deer, Alberta, Canada, AllTorque was founded nearly 30 years ago as AllWeigh Scale Systems, with an initial focus on manufacturing load cells. Over the years, the company evolved into an innovative leader for torque turn monitoring systems in North America, responding to industry demands for more accurate tools for the rig floor and gaining knowledge and expertise across industries.

“By combining AllTorque’s advanced hardware and software capabilities with Tenaris’s expertise in tubular technologies and extensive field experience, we are strengthening our WISer™ offering to support well integrity, improving decision-making and ensuring consistency in well construction,” said Carlos Blanc, Tenaris Supply Chain Services Global Senior Director.

“Thanks to AllTorque, Tenaris has been able to enhance its torque turn monitoring service - a key solution in the WISer™ suite -, by incorporating ergonomic equipment, reducing people from the rig floor, delivering operational performance KPIs and implementing an intuitive interface. These improvements have been instrumental in achieving the significant impact the service has today,” said César Gutiérrez, Tenaris Field Services Global Senior Director.

Since its launch in 2022, Tenaris's torque turn monitoring service has been used for the running of 77 million feet of OCTG in more than 5,000 jobs across the North America, South America, and Europe, providing real-time torque data collection and analysis at the well. With an average of 250 jobs currently performed each month in North America, the service has significantly improved operating efficiencies and simplified running for Tenaris's customers. This service is now being integrated with other WISer™ solutions to provide a more complete experience for customers.

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Our brand name is derived from the word tenacity, representing our determination to serve our customers wherever they are and pursue and achieve the goals that we set ourselves. It is about striving for excellence in everything we do. The colors in our multi-bar represent the diversity of the people that make up Tenaris around the world.

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