Halliburton suspending cementing operations in Red Deer and Alberta
Another oilfield-related company is closing up shop in Red Deer.
Texas-based Halliburton has announced it is suspending its cementing operations in Alberta at the end of this month.
The company currently operates its cementing services in Red Deer, Calgary, Grande Prairie and Whitecourt.
“We made this difficult decision because we do not foresee the ability for the product line to provide a sufficient rate of return,” the company says in an emailed statement.