News listings

energy-pedia general news

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


27 Mar 2026

Photo - see caption

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.

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.

Original announcement link

Source: Tenaris





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 195

Completed Deals

Completed Upstream Deals: 6640

Company Profiles

Current Company Profiles: 2933

Corporate Activity

Current Corporate Activity articles: 4197

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1674

Geostudies

Current Geostudies articles: 1003

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Syntillica
OPC
Merlin
Rose & Assocs
Borchwix
Telos NRG
energy365
Bayphase
Union Jack Oil 149
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com