Oklahoma business briefs for Feb. 7, 2013

Oklahoma business briefs, Feb. 7
Published: February 7, 2013
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OKLAHOMA BRIEFS

New floating platform planned

Williams Partners LP has struck a deal with Japan's Marubeni Corp. to help build its first Gulfstar floating production system, the partnership announced Wednesday. Marubeni will pay about $225 million, followed by monthly capital contributions, for a 49 percent stake in the project. “We're very pleased to be following through on our goal of adding a partner to our first Gulfstar project,” CEO Alan Armstrong said. “Adding a partner like Marubeni will benefit us significantly, giving us more flexibility in capital spending as we continue to pursue attractive projects in all of our operating areas.” The first Gulfstar platform is expected to be put into service in the middle of next year.

Website is under investigation

Attorney General Scott Pruitt issued a warning Wednesday for Oklahoma consumers and Realtors to beware of a fraudulent Realtor complaint website. Realtor-complaints.com has used the Realtor registered trademark to promote the website and its reviews, he said. The National Association of Realtors is investigating the site for reports of fraudulent information that includes a string of falsified reviews. To remove complaints, the site operator reportedly asks for payment of up to $100 to an account in the Bahamas. To report suspected fraud or scams, contact the Attorney General's Public Protection Unit at 521-2029, (918) 581-2885, PublicProtection@oag.ok.gov or local law enforcement.

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