Halliburton – a Texas-based oilfield service company that has operated in Alberta since 1926 – says it’s ending its cementing product service line at the end of 2019.
Its cementing service line operates in Calgary, Red Deer, Grande Prairie and Whitecourt.
The company stated it doesn’t foresee the ability of the product line to provide a sufficient rate of return.
They will, however, continue to provide specialty cementing solutions, blends and chemical additives to their customers. All of their other product lines in Canada are still operating.
The company didn’t reveal how many employees would lose jobs.
Their website states they have more than 105 cement laboratories throughout the world and about 1,500 employees in 30 offices across Canada.
Halliburton is also laying off more than 800 employees in El Reno, Oklahoma, and plans to close its Oklahoma City office.
George Brownwell / Alberta Press Leader
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