A joint venture of TGS NOPEC Geophysical Co. and MultiKlient Invest AS (MKI), a wholly owned subsidiary of Petroleum GeoServices, will conduct the survey during July-November open-water seasons over 5 years. MKI is project operator.
The venture will acquire as much as 16,173 line-km of seismic data in an area seaward of Canada’s 12 nautical-mile boundary and outside the Outer Land Fast Ice Zone to the Greenland border. The northern extent of the project area is about 180 km from the mouth of the Landcaster Sound. The southern extent is 61° N. Lat.
The NEB imposed 15 conditions on the approval, including reporting requirements related to environmental commitments.