New Wave Media

ONS Norway has been cancelled by its organizers, as low oil prices, low activity and great uncertainty in the industry have meant that too few exhibitors have registered, the ONS Foundation announced.

 

The exhibitor registration was good until early in the year before it stagnated, organizers said, adding that there have also recently been a number of cancellations by companies that are struggling.

 

CEO Leif Johan Sevland said, “Too few exhibitors means that we cannot create a meeting place with the famous ONS quality that exhibitors expect and deserve. We must take the consequences.”

 

“We know that the event would have been very good. The conference themes were in place, and we had several new elements that would have drawn many visitors. But we also need many exhibitors to create a good meeting place. We’ve done everything we could to get exhibitors, but the situation in the market is unfortunately beyond our control,” Sevland explained.

 

ONS 2016 is expected to proceed as planned. Sevland said, “For ONS 2016 we see no lack of interest at the present stage. With the exception of 2014 we have never before seen the booking numbers we are currently seeing for ONS.”