October 26, 2014 4:14 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Gujarat State Petroleum Corporation Limited

Company Overview

Gujarat State Petroleum Corporation Limited engages in the exploration, development, and production of oil and gas in India and internationally. It primarily holds interests in the Deen Dayal field in the Krishna-Godavari basin located off the east coast of the State of Andhra Pradesh. The company also owns working interests in 15 producing fields in the Cambay basin. It holds participating interest in 64 onshore and offshore exploration and production blocks comprising 53 blocks located in India and 11 blocks located in Australia, Egypt, Indonesia, and Yemen covering a total area of approximately 257,810 square kilometers. In addition, the company engages in gas trading, and gas transmissio...

GSPC Bhavan

Behind Udyog Bhavan


Gandhi Nagar,  382011


Founded in 1979

687 Employees


91 79 6670 1001


91 79 2323 6375

Key Executives for Gujarat State Petroleum Corporation Limited

Managing Director
Age: 56
Executive Director of Finance & Accounts
Age: 60
Chief Executive Officer of GSPC Gas Company Limited
Age: 52
Chief Executive Officer of GUJ INFOPETRO Limited and Director of GUJ INFOPETRO Limited
General Manager of Overseas Operations and Planning & Development
Age: 49
Compensation as of Fiscal Year 2014.

Gujarat State Petroleum Corporation Limited Key Developments

ONGC Petro-additions Stake To Be Sold- Reports

GAIL (India) Limited (BSE:532155) is planning reportedly to reduce its equity stake in ONGC Petro-additions Ltd to 11.6%. Gujarat State Petroleum Corporation Limited which originally was to hold 5% stake, will now have 3.75% interest in ONGC Petro-additions Ltd. Oil and Natural Gas Corp. Ltd (BSE:500312) has however decided to keep its stake at 26%.

Gujarat State Petroleum Mulls IPO- Reports

Gujarat State Petroleum Corporation Limited is poised to get listed. Gujarat State Petroleum Corporation Limited will reportedly revive its initial public offering plans and may launch issue by end of this financial year.

Indian Oil Plans To Acquire Stake In LNG Terminals

Indian Oil Corporation Limited (BSE:530965) said that it is planning to acquire stakes in liquefied natural gas (LNG) terminals at Mundra and Dahej in Gujarat and Dighi in Maharashtra. “We are looking at taking stakes in terminals at Mundra, Dahej and Dighi,” said A K Marchanda, Executive Director, Business Development, Indian Oil Corporation. IOC is looking to acquire 25% stake LNG project in Mundra, which is being set up by Gujarat State Petroleum Corporation Limited. “We are talking to three large foreign companies, which can source LNG for us. If they are interested, we can give up to 10 per cent stake in the joint venture,” said Marchanda, who refused to disclose the names of the companies IOC is talking to, Business Standard reported.

Recent Private Companies Transactions

February 24, 2014
GSPC Gas Company Limited

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