Williams

One of nation's largest energy infrastructure providers.

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Headquarters:
One Williams Center
Tulsa, OK 74172
Employees: 4,700
CEO: Alan Armstrong
Stock Symbol: WMB

Website: http://www.williams.com

Career Site

Williams, including its assets held through Williams Partners L.P., is an energy infrastructure company focused on connecting North America’s significant hydrocarbon resource plays to growing markets for natural gas, natural gas liquids (NGLs) and olefins. Williams’ operations span from the deepwater Gulf of Mexico to the Canadian oil sands.

Williams owns and operates midstream gathering and processing assets, and interstate natural gas pipelines. In addition, Williams processes oil sands off-gas and produces olefins for petrochemical feedstocks.

Williams’ headquarters are located in Tulsa, OK. Other major offices are in Salt Lake City, Houston, the Four Corners Area and a growing presence in Pennsylvania.

In June, Williams announced that it has agreed to acquire the 50 percent general partner interest and 55.1 million limited partner units in Oklahoma City-based Access Midstream Partners L.P. held by Global Infrastructure Partners II ("GIP") for $5.995 billion in cash. The company also announced a proposal to merge Williams Partners L.P. with and into Access Midstream Partners.

History

Williams traces its roots to 1908 with two brothers’ construction projects in Fort Smith, Ark. Within a few years Miller and David Williams were building cross-country natural gas and petroleum pipelines. By the time the brothers relocated to Tulsa in 1919, they had a reputation for doing a job on time and on budget.

For more than 60 years, the company did business as Williams Brothers. We adopted The Williams Companies, Inc. name in the 1970s, reflecting our diverse businesses. That remains its legal name today, even though it began going by the simplified name “Williams” in 1997.

In 1966, Williams paid $287 million for the country’s largest petroleum products pipeline (known as Great Lakes Pipe Line Company). The new company laid the cornerstone for the modern-era Williams.

The company began assembling its nationwide system of interstate natural gas pipelines in 1982 with the purchase of Northwest Energy Company.

Williams purchased Transco Energy Company in 1995, expanding our natural gas transportation system to the East Coast. This acquisition established Williams as one of the largest-volume transporters of natural gas in the United States.

Williams’ ingenuity provided the foundation for modern-day telecom networks when it ran fiber-optic cable through decommissioned pipelines. In fact, the company built two coast-to-coast telecom networks. The first one became the fourth-largest U.S. long distance network and was sold to LDDS in 1995. The second, a 33,000-mile network, was spun off as a separate company in 2001.

In 2001, the acquisition of Barrett Resources added significant natural gas reserves and increased Williams’ exploration and production profile.

More recent additions to our energy profile include expanding our presence in the Marcellus Shale basin in the northeast. Williams has had a pipeline presence in the area for more than 50 years, making the area a perfect example of both our deeply-rooted history and opportunity-rich future.

On Dec. 1, 2011, Williams’ board of directors approved the spinoff of Williams’ exploration and production business, WPX Energy, Inc.

Benefits

- Paid time off and holidays.
- Opportunity to participate in cash and stock bonus incentive programs.
- 100% tuition reimbursement for supervisor-approved, college-level courses and 50 percent reimbursement for course-related books for eligible employees (subject to limitations).
- 6% company-matched 401(k) investment plan.
- A cash-balance-style pension plan with vesting after five years of employment.
- Medical and dental benefits.
- Life insurance and disability coverage.
- Flexible spending accounts.
- Business casual attire.
- Health enhancement subsidies (eligible fitness organizations, weight control programs and tobacco cessation programs).
- Employee assistance program.

Updated June 16, 2014