Gujarat State Petroleum Corporation

  • Indian GSPC Drills $52 Million Dry Hole in the Mediterranean

    Indian GSPC Drills $52 Million Dry Hole in the Mediterranean

    Tuesday, 15th May 2012
    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 context of GSPC's 2011-2012 exploration plan.
  • GSPC to continue Egypt explorations

    GSPC to continue Egypt explorations

    Wednesday, 18th January 2012
    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.