Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                         Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

        Date of Report (date of earliest event reported): August 16, 2002

                                 TRANSOCEAN INC.
             (Exact name of registrant as specified in its charter)

          CAYMAN ISLANDS                 333-75899             66-0587307

  (State or other jurisdiction of       (Commission         (I.R.S. Employer
   incorporation or organization)        File Number)       Identification No.)

                                4 GREENWAY PLAZA
                              HOUSTON, TEXAS 77046
              (Address of principal executive offices and zip code)

       Registrant's telephone number, including area code: (713) 232-7500



     In  accordance with Regulation FD, the information set forth below is being
furnished  in connection with presentations being made by officers of Transocean
Inc.  (the  "Company").  The  information  in  Item  9  of  this report is being
furnished,  not  filed.  Accordingly,  the  information in Item 9 of this report
will  not  be incorporated by reference into any registration statement filed by
the  Company  under  the Securities Act of 1933, as amended, unless specifically
identified  therein  as  being  incorporated  therein  by  reference.

     The  Company's  view of the current trends for the demand for the Company's
deepwater,  midwater  and jackup rigs in stated market sectors and the Company's
view  of whether it believes an oversupply or undersupply of such rigs exists in
a  particular  market  sector  is  set  forth  below:

------          --------------        -------------         -----------
Gulf of Mexico  Flat with Oversupply  Flat with Oversupply  Increasing with
Brazil          Flat                  Flat                  Flat
North Sea       Flat                  Decreasing with       Decreasing with
                                      Oversupply            Oversupply
Mediterranean   Flat with Oversupply  Flat with Oversupply  N/A
West Africa     Increasing            Flat with Oversupply  Increasing with
Middle East     N/A                   N/A                   Flat with Oversupply
India           Increasing with       N/A                   Increasing with
                Undersupply                                 Undersupply
Southeast Asia  Increasing with       Flat with Oversupply  Increasing with
                Undersupply                                 Undersupply

     As  of  July  31,  2002,  approximately  70  percent  and 34 percent of the
Company's  International  and  U.S.  Floater  Contract Drilling Services segment
fleet  days  were  committed  for  the  remainder of 2002 and for the year 2003,
respectively.  As  of  July 31, 2002, approximately 47 percent and 21 percent of
the  Company's  total marine fleet days were committed for the remainder of 2002
and  for  the  year 2003, respectively.  As of July 31, 2002, a $5,000 change in
the dayrate assumption associated with uncommitted fleet days in 2003 equates to
an  estimated  $0.58  change  in  earnings  per  share.

     The  unaudited  operating  revenues,  field  operating profit and operating
margin  for  the first six months of 2002 by business segment (International and
U.S.  Floater  Contract  Drilling Services and Gulf of Mexico Shallow and Inland
Water)  and,  for  the  International


and  U.S.  Floater  Contract Drilling Services segment, broken down by operating
region  are  as  follows:

                                    (IN MILLIONS, EXCEPT % CHANGE)
                                                                                       TOTAL INT'L
                           NORTH                                                MIDDLE    & U.S.      GOM SHALLOW
                         AMERICA    AFRICA    BRAZIL    UK     NORWAY    ASIA    EAST    FLOATER    & INLAND WATER
                        ---------  --------  --------  -----  --------  ------  ------  ---------  ----------------
OPERATING REVENUES      $    329   $   246   $   130   $180   $    87   $ 138   $ 120   $  1,232   $            82
FIELD OPERATING PROFIT  $    199   $   116   $    44   $101   $    35   $  74   $  39   $    584   $           (16)
OPERATING MARGIN              60%       47%       34%    56%       40%     54%     33%        47%              N/A

     The  Company's  estimated capital expenditures are $160 to $200 million for
2002  and  $200  million  for  each  of  2003  and  2004.

     The  statements  described in this report that are not historical facts are
forward-looking  statements  within the meaning of Section 27A of the Securities
Act  of  1933 and Section 21E of the Securities Exchange Act of 1934. Statements
to  the  effect  that  the  Company  or  management  "anticipates,"  "believes,"
"budgets,"  "estimates," "expects," "forecasts," "intends," "plans," "predicts,"
or  "projects"  a  particular result or course of events, or that such result or
course  of  events  "could,"  "might,"  "may"  or  "should"  occur,  and similar
expressions,  are  also  intended  to   identify   forward-looking   statements.
Forward-looking  statements described above include, but are not limited to, rig
demand,  changes  to  earnings  per  share  resulting  from  a change in dayrate
assumption  and  expected  capital  expenditures. Such statements are subject to
numerous  risks,  uncertainties  and  assumptions, including but not limited to,
uncertainties  relating  to  the  level  of  activity  in  offshore  oil and gas
exploration  and  development,  exploration  success  by  producers, oil and gas
prices,  demand  for  offshore  and  inland  water  rigs, competition and market
conditions  in  the  contract  drilling  industry,  the  Company's  ability  to
successfully  integrate the operations of acquired businesses, possible delay or
cancellation  of  drilling  contracts,  work stoppages, the Company's ability to
enter  into  and  the  terms  of future contracts, the availability of qualified
personnel,  labor  relations  and  the  outcome  of  negotiations  with  unions
representing  workers,  operating  hazards,  political  and  other uncertainties
inherent  in non-U.S. operations (including exchange and currency fluctuations),
war,  terrorism  and  cancellation  or unavailability of insurance coverage, the
impact  of  governmental  laws  and  regulations,  the  adequacy  of  sources of
liquidity,  the  effect  of  litigation  and  contingencies  and  other  factors
discussed  in  the Company's Form 10-Q for the quarter ended June 30, 2002, Form
10-K  for  the  year  ended December 31, 2001 and in the Company's other filings
with  the  SEC,  which  are  available  free  of  charge on the SEC's website at  Should one or more of these risks or uncertainties materialize, or
should  underlying  assumptions  prove  incorrect,  actual  results  may  vary
materially  from  those  indicated.  You  should  not  place  undue  reliance on
forward-looking statements. Each forward-looking statement speaks only as of the
date  of  the  particular  statement, and we undertake no obligation to publicly
update  or  revise  any  forward-looking  statements.



          Pursuant  to  the requirements of the Securities Exchange Act of 1934,
the  registrant  has  duly  caused this report to be signed on its behalf by the
undersigned  thereunto  duly  authorized.

                                          TRANSOCEAN  INC.

Date:  August 16, 2002                    By:  /s/  Eric  B.  Brown
                                             Eric  B.  Brown
                                             Senior Vice President, General
                                             Counsel and Corporate Secretary