The ONS Foundation canceled the 2015 ONS Norway exhibition in August because of too few registered exhibitors, it said April 7.
Many companies that registered as exhibitors cancelled because they are struggling in the low oil price environment. Registration began to stagnate early in the year. Overall, too few exhibitors registered because of the industry’s uncertainty amid low prices and low activity.
ONS Norway notified exhibitors that the event was cancelled and gave refunds, and they will be offered space at ONS Norway 2016, which is not affected, ONS said.
The supply industry will be included in the ONS 2016 exhibition.
Recommended Reading
The One Where EOG’s Stock Tanked
2024-02-23 - A rare earnings miss pushed the wildcatter’s stock down as much as 6%, while larger and smaller peers’ share prices were mostly unchanged. One analyst asked if EOG is like Narcissus.
Canadian Natural Resources Boosting Production in Oil Sands
2024-03-04 - Canadian Natural Resources will increase its quarterly dividend following record production volumes in the quarter.
Uinta Basin: 50% More Oil for Twice the Proppant
2024-03-06 - The higher-intensity completions are costing an average of 35% fewer dollars spent per barrel of oil equivalent of output, Crescent Energy told investors and analysts on March 5.
Kissler: OPEC+ Likely to Buoy Crude Prices—At Least Somewhat
2024-03-18 - By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.
Hess Corp. Boosts Bakken Output, Drilling Ahead of Chevron Merger
2024-01-31 - Hess Corp. increased its drilling activity and output from the Bakken play of North Dakota during the fourth quarter, the E&P reported in its latest earnings.