Operations

The company acquired several discovered oil and gas fields in the first and second rounds of bidding initiated by the Government of India during 1994-95. This process achieved a further impetus with the announcement of the New Exploration Licensing Policy (NELP) by the Government of India in 1999. GSPC was among India’s first companies to participate in the NELP bidding process and acquire exploration blocks across the country. Today, the company has an international portfolio with exploration acreage in Australia, Egypt, Yemen and Indonesia.