Tenaris Announces 2010 Second Quarter Results

Tenaris S.A. (NYSE: TS) (BAE: TS) (MXSE: TS) announced its results for the quarter and semester ended June 30, 2010 with comparison to its results for the quarter and semester ended June 30, 2009.

The press release is quoted as saying:

In the first half of 2010, global drilling activity has continued to recover led by substantially higher oil and gas shales drilling activity in the United States and Canada. Activity has increased in most markets reflecting the stability of oil prices at attractive levels and increased investment in regional gas developments.

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