Marubeni bought a 49% interest in Gulfstar One from Williams Partners for USD 1 billion. Gulfstar One is engaged in constructing a floating production platform at the Tubular Bells field in the Gulf of Mexico. The platform has a designed capacity of 60,000 B/D of oil and 200 MMscf/D of gas, and will be installed in Block 768 of the Mississippi Canyon in water depths of 4,300 ft.


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