RIG: TRANSOCEAN INC NEW Profile

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TRANSOCEAN INC NEW

RIG

Stock price

137.71 -8.97 -6.12%

as of 04:01 PM EDT on 07/23/2008 in USD (NYSE Delay: 20 mins.)
Extended Hours

139.50 1.79 1.30%

as of 08:15 AM EDT on 07/24/08

Analyst Consensus

Buy
Analyst Consensus

Strong Buy

Buy

Hold

Sell

Strong Sell
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Discuss: RIG

TRANSOCEAN INC NEW Profile

Like an NFL tight end, offshore drilling contractor Transocean dreams of going deep but doesn't mind eating a little mud. Transocean specializes in deepwater drilling and it isn't afraid of harsh environments. The company operates in the world's major offshore oil-producing regions, including Africa, Asia, Brazil, Canada, India, the Middle East, the Gulf of Mexico, and the North Sea. It has a fleet of 139 mobile offshore drilling units, including 68 floaters (semisubmersibles and drillships), 67 jackup rigs, and four other rigs. Transocean's other operations include management of third-party drilling services. Major customers include BP and Chevron. In 2007 it acquired GlobalSantaFe for almost $18 billion.

Robert L. Long: CEO

4 Greenway Plaza

Houston, TX 77046

http://www.deepwater.com

Phone: 713-232-7500

Fax: 713-232-7027

Sector: Basic Materials Industry: Energy

2007 Sales	2007 Sales Growth	2007 Net Income	2007 Employees
$6,377,000,000	64.3%	$3,131,000,000	21,100

Key Executives: RIG

Name	Title	Officer Since
Robert L. Long	CEO	10/1/02
Steven L. Newman	COO	-
Gregory L. Cauthen	CFO	-
Eric B. Brown	General Counsel	-
John H. Briscoe	Vice President	-
Robert E. Rose	Director/Chairman of the Board	11/27/07
Arnaud A.Y. Bobillier	Executive VP, Divisional	-
Victor E. Grijalva	Director	12/1/99

View All Key Executives

ROBERT E. ROSE, age 69, has served as Chairman of the Board of Directors of the Company since November 2007. Mr. Rose has served as President of Taylor Energy Company LLC, a private oil and gas production company based in New Orleans, Louisiana since March 2008. Mr. Rose was the non-executive Chairman of the Board of Directors of GlobalSantaFe from March 2004, when he retired as an employee of GlobalSantaFe, until the Merger in November 2007. Mr.... View Full Profile

Robert E. Rose

On March 10, 2008, the Company's Board of Directors appointed Arnaud A.Y. Bobillier to fill the position of Executive Vice President, Assets effective March 21, 2008. Mr. Bobillier currently serves as the Company's Senior Vice President, Europe and Africa Unit.... View Full Profile

Arnaud A.Y. Bobillier

VICTOR E. GRIJALVA, age 69, has served as a director of the Company since December 1999 and served as Chairman of our Board of Directors until October 2002. He is the retired Vice Chairman of Schlumberger Limited. Before serving as Vice Chairman, Mr. Grijalva served as Executive Vice President of Schlumberger's Oilfield Services division from 1994 to January 1999 and as Executive Vice President of Schlumberger's Wireline, Testing & Anadrill... View Full Profile

Victor E. Grijalva

ROBERT M. SPRAGUE, age 63, has served as a director of the Company since May 2004. Mr. Sprague is the retired Regional Business Director of Shell EP International BV, a position in which he served from April 1997 until June 2003. Mr. Sprague served as Director - Strategy & Business Services for Shell EP International BV from January 1996 until March 1997 and as Exploration & Production Coordinator of Shell International Petroleum BV from May 1994... View Full Profile

Robert M. Sprague

On October 15, 2007, David A. Tonnel, who currently serves as our Vice President and Controller, will assume the position of Vice President, Integration and Process Improvement, effective November 1, 2007. Mr. Tonnel has served in his current position since February 2005. From May 2003 to February 2005, Mr. Tonnel served as Assistant Controller of our company. Mr. Tonnel served as Finance Manager, Asia Australia Region from October 2000 to May... View Full Profile

David A. Tonnel

Steven L. Newman is Executive Vice President, Performance of the Company. Mr. Newman served as Executive Vice President and Chief Operating Officer from October 2006 to November 2007 and Senior Vice President of Human Resources and Information Process Solutions from May 2006 to October 2006. He served as Senior Vice President of Human Resources, Information Process Solutions and Treasury from March 2005 to May 2006. Mr. Newman served as Vice... View Full Profile

Steven L. Newman

David J. Mullen is Senior Vice President, Marketing and Planning of the Company. Mr. Mullen served as Vice President of the Company's North and South America Unit from January 2005 to October 2006, when he assumed his present position. From May 2001 to January 2005, Mr. Mullen was President of Schlumberger Oilfield Services for North and South America, and Mr. Mullen served as the Companys Vice President of Human Resources from January 2000 to... View Full Profile

David J. Mullen

IAN C. STRACHAN, age 64, has served as a director of the Company since December 1999. Mr. Strachan is a director of Reuters Group PLC, Xstrata plc, Rolls Royce Group plc and Johnson Matthey plc. He served as Chairman of the Board of Instinet Group Incorporated from January 2003 to December 2005, when it was acquired by The Nasdaq Stock Market, Inc. Mr. Strachan served as Deputy Chairman of Invensys plc from 1999 to 2000 and served as Chief... View Full Profile

Ian C. Strachan

Eric B. Brown is Senior Vice President and General Counsel of the Company. Mr. Brown served as Vice President and General Counsel of the Company since February 1995 and Corporate Secretary of the Company from September 1995 until October 2007. He assumed the position of Senior Vice President in February 2001. Prior to assuming his duties with the Company, Mr. Brown served as General Counsel of Coastal Gas Marketing Company.... View Full Profile

Eric B. Brown

Gregory L. Cauthen is Senior Vice President and Chief Financial Officer of the Company. He was also Treasurer of the Company until July 2003. Mr. Cauthen served as Vice President, Chief Financial Officer and Treasurer from December 2001 until he was elected in July 2002 as Senior Vice President. Mr. Cauthen served as Vice President, Finance from March 2001 to December 2001. Prior to joining the Company, he served as President and Chief Executive... View Full Profile

Gregory L. Cauthen

Gregory L. Cauthen is Senior Vice President and Chief Financial Officer of the Company. He was also Treasurer of the Company until July 2003. Mr. Cauthen served as Vice President, Chief Financial Officer and Treasurer from December 2001 until he was elected in July 2002 as Senior Vice President. Mr. Cauthen served as Vice President, Finance from March 2001 to December 2001. Prior to joining the Company, he served as President and Chief Executive... View Full Profile

Jean P. Cahuzac

KRISTIAN SIEM, age 59, has served as a director of the Company since September 1996 and was Chairman of Transocean ASA prior to its acquisition by the Company in 1996. Mr. Siem is Chairman and Chief Executive Officer of Siem Industries, Inc., an industrial holding company that owns offshore oil and gas drilling and subsea construction services businesses, a fleet of reefer vessels and a fleet of car carrying vessels through subsidiaries in the... View Full Profile

Kristian Siem

MARTIN B. MCNAMARA, age 60, has served as a director of the Company since November 1994. Mr. McNamara is a Partner of the law firm of Gibson, Dunn & Crutcher LLP and has served as a member of the firm's executive, finance and compensation committees, as well as a Partner-in-Charge of the firm's Texas practice. During the past five years, Mr. McNamara has been in the private practice of law.... View Full Profile

Martin B. McNamara

On May 1, 2008, the Company"s Board of Directors appointed Robert J. Saltiel to fill the position of Executive Vice President, Performance effective immediately. Mr. Saltiel most recently served as the Company"s Senior Vice President, North and South America.... View Full Profile

Robert J. Saltiel

ROBERT L. LONG, age 62, is Chief Executive Officer and a member of our Board of Directors. Mr. Long also served as President of the Company from December 2001 to October 2006. He assumed the position of Chief Executive Officer in October 2002. Mr. Long also served as Chief Operating Officer from June 2002 until October 2002, Chief Financial Officer from August 1996 until December 2001, as Senior Vice President from May 1990 until the time of the... View Full Profile

Robert L. Long

J. MICHAEL TALBERT, age 61, has served as a director of the Company since August 1994. He served as the non-executive Chairman of the Board of Directors from October 2004 until November 2007. Mr. Talbert served as the executive Chairman of the Board from October 2002 until October 2004. Mr. Talbert also served as Chief Executive Officer from August 1994 until October 2002, Chairman of the Board of Directors from August 1994 until December 1999,... View Full Profile

J. Michael Talbert

RICHARD L. GEORGE, age 57, has served as a director of the Company since November 2007 and served as a director of GlobalSantaFe from November 2001 until the Merger in November 2007. Since 1991, he has been the President and Chief Executive Officer of Suncor Energy Inc., a widely held Canadian integrated oil and gas company. Prior to 1991, Mr. George spent ten years in the international oil business with Sun Company where he held various... View Full Profile

Richard L. George

W. RICHARD ANDERSON, age 54, has served as a director of the Company since November 2007 and served as a director of GlobalSantaFe from September 2006 until the Merger in November 2007. Mr. Anderson is a private investor and served as the President and Chief Executive Officer of Prime Natural Resources, Inc. from May 2002 until March 2007. Before joining Prime Natural Resources, Inc., Mr. Anderson was managing partner of Hein & Associates, LLP, a... View Full Profile

W. Richard Anderson

THOMAS W. CASON, age 65, has served as a director of the Company since November 2007 and served as a director of GlobalSantaFe from November 2001 until the Merger in November 2007. Mr. Cason owned and managed five agricultural equipment dealerships until his retirement in December 2006. He served as interim President and Chief Operating Officer of Key Tronic Corporation during 1994 and 1995 and was a partner in Hiller Key Tronic Partners, L.P.... View Full Profile

Thomas W. Cason

JON A. MARSHALL, age 56, is President and Chief Operating Officer of the Company and a member of our Board of Directors. Mr. Marshall served as a director and Chief Executive Officer of GlobalSantaFe from May 2003 until the Merger in November 2007 when Mr. Marshall assumed his positions with the Company. Mr. Marshall served as Executive Vice President and Chief Operating Officer of GlobalSantaFe from November 2001 to May 2003. Mr. Marshall served... View Full Profile

Jon A. Marshall

JOHN L. WHITMIRE, age 67, has served as a director of the Company since November 2007 and served as a director of GlobalSantaFe from November 2001 until the Merger in November 2007. Mr. Whitmire has served since 1999 as Chairman of the Board of Directors of CONSOL Energy Inc., which is engaged in the production of coal and natural gas for the electric utility industry. Mr. Whitmire was Chairman of the Board and Chief Executive Officer of Union... View Full Profile

John L. Whitmire

EDWARD R. MULLER, age 56, has served as a director of the Company since November 2007 and served as a director of GlobalSantaFe from November 2001 until the Merger in November 2007. Since September 2005, he has served as the Chairman, President and Chief Executive Officer of Mirant Corporation, an energy company that produces and sells electricity in the United States. Mr. Muller was a private investor from 2000 until 2005. Mr. Muller served as... View Full Profile

Edward R. Muller

John H. Briscoe is Vice President and Controller of the Company. Mr. Briscoe served as Vice President, Audit and Advisory Services from June 2007 to October 2007 and Director of Investor Relations and Communications from January 2007 to June 2007. From June 2005 to January 2007, Mr. Briscoe served as Finance Director for the Company's North and South America Unit. Prior to joining the Company in June 2005, Mr. Briscoe served as Vice President of... View Full Profile

John H. Briscoe

Cheryl D. Richard is Senior Vice President, Human Resources and Information Technology of the Company. Ms. Richard served as Senior Vice President, Human Resources of GlobalSantaFe from June 2003 until the date of the Merger. Ms. Richard was Vice President, Human Resources, with Chevron Phillips Chemical Company from 2000 to June 2003, prior to which she served in a variety of positions with Phillips Petroleum Company (now ConocoPhillips),... View Full Profile

Cheryl D. Richard

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Insider Trends: RIG
Sentiment for RIG is POSITIVE
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Insider Transactions: RIG

Date	Name	Shares	Transaction Type	Market Value
05/08/08	MCNAMARA MARTIN B	10,961	Exercise of Stock Options	$657,221.56
04/18/08	NEWMAN STEVEN L	8,094	Planned Sale	$1.30 M
04/18/08	NEWMAN STEVEN L	8,094	Sale	$1.30 M