It also aims to advance geoscientific knowledge of the Iceland landmass and its continental shelf by means of systematic surveying, monitoring and research.
Iceland GeoSurvey is a self-financed, non-profit governmental institution which operates on project and contract basis.
It was established in 2003 and took over all responsibilities of the former GeoScience Division of the National Energy Authority of Iceland (Orkustofnun).
Systematic energy research by Icelandic government institutes started in 1944 and has been carried out continuously ever since.
Iceland GeoSurvey and its predecessor have from the start played a key role in this work.