Pacific Drilling takes delivery of fourth drillship

Pacific Drilling S.A. (NYSE:PACD) has taken delivery of its newest drillship from shipbuilder Samsung Heavy Industries, the Pacific Santa Ana. The drillship features advanced drilling technology that includes dual load path capability

Navsea awards LCS program contract mods

The Navy’s Naval Sea Systems Command (Navsea) has awarded contract modifications for the Literal Combat Ship program to both Lockheed Martin Corp.and Austal USA. Lockheed Martin Corp., Baltimore, Md., is being awarded

Gibdock moves ahead on rig strategy

Gibraltar-based ship repairer Gibdock says it has moved an important step closer to its key strategic aim of carving a niche in the growing regional market for jack-up and semi-submersible drilling rig

Cheniere plans second Texas LNG export terminal

Cheniere Energy, Inc.  (NYSE Amex: LNG) is planning a second U.S. LNG export facility. It says that its Corpus Christi Liquefaction, LLC subsidiary is developing a liquefied natural gas  export terminal at

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Frontline restructuring moves ahead

Frontline Ltd., the world’s largest tanker company, today issued an update on progress with the restructuring plan it announced December 6. That plan is backed by more than $505 million in guarantees

ASRY marks anniversary with investment

Arab Shipbuilding and Repair Yard (ASRY), one of the world’s leading shiprepairers, opened its doors to more than 400 guests, including a group of international journalists earlier this month as part of