The annual Offshore Technology Conference (OTC) in Houston has been cancelled due to the Covid-19 pandemic.
Organisers said last month that the event, which normally takes place in May, would be postponed until the third quarter.
But they have now decided to cancel OTC 2020 as a result of the “continued health and travel concerns”.
OTC was first held in 1969 and has blossomed into the world’s largest offshore oil and gas industry conference.
Hundreds of business men and women from north-east Scotland fly to Texas every year for the showpiece event.
Many would have put their travel arrangements on ice following the earlier announcement about the postponement.
OTC chairwoman Cindy Yeilding said: “As we navigate these difficult and uncertain times, it is with a heavy heart that the OTC board of directors has determined that it is in our best interest to cancel OTC 2020.
“Our priority is the health and safety of our attendees and exhibitors, and we have taken federal, state, and local guidelines into account in making our decision.
“We would like to thank the staff, authors, partners, volunteers, students, teachers, and all involved with OTC for the dedication and hard work they have contributed to the 2020 event.
“As we face this uncharted territory, we remain confident of OTC’s critical role in the offshore industry’s future and eagerly anticipate a robust OTC 2021.”