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Finance committee We would certainly support that. Anything we can learn collectively and internationally would be to the benefit of all.
May 30th, 2012Committee meeting
Richard Wright
Finance committee They would be fine. Absolutely.
May 30th, 2012Committee meeting
Richard Wright
Finance committee That's correct.
May 30th, 2012Committee meeting
Richard Wright
Finance committee It is.
May 30th, 2012Committee meeting
Richard Wright
Finance committee That would be great.
May 30th, 2012Committee meeting
Richard Wright
Finance committee That's correct. Part of the reason is it will give companies vessel choice, looking in a global marketplace for the best available technology. On some of the earlier comments raised in relation to the environment, some of these very modern boats are better for the environment in
May 30th, 2012Committee meeting
Richard Wright
Finance committee Which company? I'd probably get in trouble if I said that. We deal with a lot of them.
May 30th, 2012Committee meeting
Richard Wright
Finance committee A lot of the technology that we're using offshore in eastern Canada is coming out of Norway, a similar kind of environment. Norwegians historically have been very progressive on technology development. They've used a lot of their oil revenues to funnel into technology that they'r
May 30th, 2012Committee meeting
Richard Wright
Finance committee In terms of having Canadian-flagged seismic boats that could be used around the world, it's a difficult proposition. In Norway, most of the vessels are not Norwegian flagged. They're flagged in different countries around the world. Again, they import those foreign-flagged ships.
May 30th, 2012Committee meeting
Richard Wright
Finance committee Correct.
May 30th, 2012Committee meeting
Richard Wright
Finance committee That's correct.
May 30th, 2012Committee meeting
Richard Wright
Finance committee There are about 150 presently.
May 30th, 2012Committee meeting
Richard Wright
Finance committee They are scattered around the globe. They're primarily concentrated in the North Sea, the U.S. Gulf of Mexico, the northwest slope of Australia, and Southeast Asia. They're built for certain purposes. For any given survey you may have only 10 or 15 vessels pertinent to that type
May 30th, 2012Committee meeting
Richard Wright
Finance committee Don't have what?
May 30th, 2012Committee meeting
Richard Wright
Finance committee There are a couple of separate issues here. One is the Coasting Trade Act as it pertains to importing foreign seismic vessels. In that particular issue, Canada is a little anomalous with Nigeria in its process for importing foreign-flagged ships. The second issue is environmenta
May 30th, 2012Committee meeting
Richard Wright