Halliburton oil services company closing Regina office - Action News
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Saskatchewan

Halliburton oil services company closing Regina office

Amid low crude prices, international oil services company Halliburton is closing its Regina office.

Office closing next month

Halliburton opened its Regina office with about 120 employees in 2013. Now, in the face of lower oil prices, it's planning to close the facility. (Google Street View)

Amid low crude prices, international oil services company Halliburton is closing its Regina office.

The company says theemployees working out of the facility at 100 McDonald St. will be laid off by the end of March.

"Halliburton will be suspending operations at its Regina facility by the end of March until Canadian commodity prices recover," company spokesperson ChevalierMayessaid in an email.

"The company continues to make adjustments to its workforce based on current business conditions," Mayes added.

"We value every employee we have, but unfortunately we are faced with the difficult reality that reductions are necessary to work through this challenging market environment."

The Regina office opened with about 120 employeesin 2013 to serve theoil and gas industry of southeast Saskatchewan, including theBakken play.

Earlier this month, Halliburton said it was laying off 6,500workers, or almost 10 per cent of its global workforce.

With files from Canadian Press