# Tenaris acquires AllTorque's Oilfield Division

Tenaris has acquired AllTorque's oilfield division, an OEM of tubular running technology headquartered in Red Deer, Alberta, Canada.

- Type: Acquisition
- Announced: 2026-03-27
- Where: Red Deer, Alberta, Canada
- Status: announced
- Products: tubular running technology, torque-turn monitoring systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Tenaris](https://endata.com/companies/2544.md) (acquirer)
- [AllTorque](https://endata.com/companies/91266.md) (target)

## Sources

- [stainless-steel-world.net](https://stainless-steel-world.net/tenaris-acquires-alltorques-oilfield-division/), 2026-04-08: "Tenaris has announced the acquisition of AllTorque’s oilfield division, a major original equipment manufacturer (OEM) known for its sophisticated tubular running technology."
- [mesteel.com](https://mesteel.com/news?category=mergers-acquisitions&page=2), 2026-05-04: "Tenaris has acquired the oilfield division of Canada-based AllTorque, a manufacturer of tubular running technology, as part of efforts to enhance its OCTG service offering."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.