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News Breaks | | | | February 6, 2013 | | 08:39 EDT |  | WPZ | Williams Partners adds Marubeni as joint venture partner in Gulfstar Project
Williams Partners announced that Marubeni Corporation has agreed to acquire a 49% interest in Williams Partners’ first Gulfstar FPS project. The agreement is expected to close during Q2. Marubeni will contribute approximately $225M to fund capital expenditures, following with monthly capital contributions representing their 49-percent interest. Gulfstar FPS is Williams Partners’ proprietary floating production system. The initial Gulfstar FPS is expected to be placed into service in mid-2014. Williams Partners expects to develop additional Gulfstar FPS projects in the future. | |
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News For WPZ From The Last 14 Days Check below for free stories on WPZ the last two weeks. |
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| May 16, 2013 | | 13:12 EDT |  | WPZ | Williams Partners to host analyst day
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