October 25, 2016 11:58 PM 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

Executive Director of Finance & Accounts
Age: 62
Chief Executive Officer of GUJ INFOPETRO Limited and Director of GUJ INFOPETRO Limited
General Manager of Overseas Operations and Planning & Development
Age: 51
Senior Executive Vice President of Engineering & Construction
Age: 64
Executive Vice President of Commercial
Age: 64
Compensation as of Fiscal Year 2016.

Gujarat State Petroleum Corporation Limited Key Developments

ONGC Reportedly Buys Stake In KG Basin

The Board of state-owned Oil and Natural Gas Corp. Ltd. (NSEI:ONGC) at its meeting on September 8, 2016 has approved signing of a preliminary agreement for buying a stake in Gujarat government firm Gujarat State Petroleum Corporation Limited's KG basin gas block, sources privy to the development said.

IOC Eyes GSPC Stake in Mundra LNG Terminal

Indian Oil Corporation Limited (BSE:530965) plans to acquire Gujarat State Petroleum Corporation Limited's 's (GSPC) entire stake in the GSPC-Adani liquefied natural gas (LNG) terminal being built in Mundra, Gujarat. GSPC is still weighing its options for selling the stake, Mint reported citing three people familiar with the situation. "We received an offer from GSPC LNG Ltd to buy their 50% stake in the Mundra terminal. But post that communication we haven't heard from GSPC," a senior Indian Oil official said.

ONGC Plans To Buy Stake In GSPC's KG Gas Block

Oil and Natural Gas Corp. Ltd. (NSEI:ONGC) is in talks to buy a stake in gas field, Krishna-Godavari Basin from Gujarat State Petroleum Corporation Limited, ONGC Chairman and Managing Director, D.K. Sarraf said.

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Recent Private Companies Transactions

October 7, 2016
Gujarat State Petroleum Corp., KG basin block
February 18, 2016
Sabarmati Gas Limited

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