Tenaris Mexico plans to invest US$ 3 billion

In the face of an improving panorama for the oil market not just in Mexico, but also worldwide, the Firm Tenaris Mexico is planning to invest US$3 billion for the remainder of 2017 and 2018, pointed out Guillermo Vogel, Director and VP of the Company. The executive advised that they are looking at a market situation with steady prices, and provided it continues so, the expectation is to see an upturn in the demand, as the world is growing and the oil demand is on the rise.