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Stock Market & Financial Investment News

News Breaks
March 24, 2014
08:34 EDTWPZWilliams Partners says Gulfstar FPS near completion
Williams Partners reported key construction milestones and progress on a tieback expansion as its proprietary Gulfstar FPS nears completion in the eastern deepwater Gulf of Mexico. The Gulfstar One project is the first spar-based floating production system with major components built entirely in the U.S. Once operational, the Gulfstar’s base design will produce up to 60K barrels of oil per day and 135M standard cubic feet of gas per day with additional tieback capacity. With hook-up and commissioning activities currently underway, Gulfstar is on schedule to start serving anchor customers in 3Q14 and Gunflint in fY16.
News For WPZ From The Last 14 Days
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March 19, 2015
16:15 EDTWPZWilliams announces FERC approval of Maryland natural gas pipeline
Williams announced that the Federal Energy Regulatory Commission has approved Transco’s application to expand its mainline pipeline system and construct an 11-mile pipeline lateral connecting Transco to an electric power generating facility in Cecil County, Md. The Rock Springs expansion project is designed to transport 192,000 dekatherms of natural gas per day to Old Dominion Electric Cooperative’s planned Wildcat Point Generation Facility. Transco’s Rock Springs expansion is among $4.8B in transmission projects Williams expects to place into service through 2017, the company noted.

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