A flagship energy event is to take place in Aberdeen next month after Omicron restrictions were scrapped in Scotland.
A further two energy events have been forced to alter their plans due to the ongoing spread of Omicron across Europe.
Organisers have postponed the Offshore Europe exhibition next month amid rising Omicron cases in the UK, dealing a blow to the events industry in Aberdeen.
Oil edged lower amid nervousness around the rapid spread of the omicron virus variant and strength in the dollar.
North Sea oil and gas workers have been urged to get vaccinated against Covid as cases of the omicron variant surge in the UK.
The new Omicron variant of Covid-19 could cost the global oil market as much as 2.9 million barrels per day (bpd) of demand in the first quarter of 2022, bringing total expected demand down from 98.6 million bpd to 95.7 million bpd, if it triggers more lockdowns or restrictions, Rystad Energy projects.
The omicron variant of the coronavirus is again arriving just in time to cast a shadow over a long-awaited oil and gas industry conference.
Oil rebounded from Friday’s omicron-driven rout as traders assessed the risks to global demand from the new variant, and speculation mounted that OPEC+ may decide this week to pause output increases.