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

Sector-11

Gandhi Nagar,  382011

India

Founded in 1979

687 Employees

Phone:

91 79 6670 1001

Fax:

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

Type
Date
Target
Merger/Acquisition
February 24, 2014
GSPC Gas Company Limited
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Gujarat State Petroleum Corporation Limited, please visit www.gspcgroup.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.