Indian GSPC Drills $52 Million Dry Hole in the Mediterranean

• Tuesday, 15th May 2012
• by Egypt Oil & Gas

Indian state-owned oil firm Gujarat State Petroleum Corporation (GSPC) has hit a dry hole in its Mediterranean Sea exploration lease after investing $52 million in the drilling operation. The operation came in the con...

GSPC to continue Egypt explorations

• Wednesday, 18th January 2012
• by Egypt Oil & Gas

Despite a deep funds crunch, the premier state public sector undertaking (PSU), Gujarat State Petroleum Corporation (GSPC) will not be dropping its plan to continue with oil and gas exploration in Egypt. Gujarat chief...