Tenaris

Tenaris S.A.
Company typeSociedad Anónima
IndustryOilfield services
Founded17 December 2001 (2001-12-17)
Headquarters,
Area served
Worldwide
Key people
Paolo Rocca (Chairman and CEO)
ProductsSteel pipes
Revenue US$14.868 billion (2023)
US$4.3 billion (2023)
US$3.918 billion (2023)
Total assets US$21.081 billion (2023)
Total equity US$16.842 billion (2023)
OwnerTechint (60.45%)
Number of employees
29,134 (2023)
Websitetenaris.com
Footnotes / references

Tenaris S.A., organized in Luxembourg, is a manufacturer and supplier of steel pipes and related services for the petroleum industry. The company produces and ships over 4 million tons of pipes annually. In 2023, 53% of the company's sales were to North America, 22% of sales were to South America, 18% of sales were to the Asia-Pacific, and 7% of sales were to Europe.

The company owns 11.46% of Ternium, 3.96% of the share capital of Usiminas, and 22% of Techgen.

The company is 60.45% owned by Techint, which is controlled by San Faustin S.A., which is in turn controlled by Rocca & Partners Stichting Administratiekantoor Aandelen San Faustin, a Stichting, while 38.41% of the company is publicly-traded.