Oilfield services company Calfrac Well Services suspending any investments in Russia

CALGARY — Calfrac Well Services Ltd. says it is suspending any investments in Russia. The company says despite the fact that the provision of parts and equipment are not restricted by sanctions, it cancelled shipments that were bound for Russia when the country invaded Ukraine. It has also cancelled any future shipments of parts and … Continue reading Oilfield services company Calfrac Well Services suspending any investments in Russia