UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
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): June 1, 2005
TRANSOCEAN
INC.
(Exact
name of registrant as specified in its charter)
|
Cayman
Islands |
333-75899 |
66-0582307
|
|
(State
or other jurisdiction of incorporation
or organization) |
(Commission
File
Number) |
(I.R.S.
Employer 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
(Former
name or former address, if changed since last report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
¨ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
¨ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
¨ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
¨ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
ITEM
7.01. REGULATION FD DISCLOSURE.
Transocean
Inc. (the “Company”) issues a report entitled “Transocean Fleet Update,” which
includes drilling rig status and contract information, including contract
dayrate and duration. This report is dated as of June 1, 2005 and is furnished
as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by
reference. You may also subscribe to the free Transocean Financial Report Alert
which will alert you to new Transocean Fleet Updates. This service will send you
an automated email which will provide a link directly to the web page containing
the updated report. You may subscribe to this service at the “Investor Relations
/ Email Alerts” section of the site by selecting “Transocean Financial Report
Alert” and providing your email address. The Company’s website may be found at
www.deepwater.com.
The
statements made in the Transocean Fleet Update 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.
Forward-looking statements made in the Transocean Fleet Update include, but are
not limited to, statements involving the estimated duration of client contracts,
contract dayrate amounts and future contract commencement dates and locations.
Such statements are subject to numerous risks, uncertainties and assumptions,
including but not limited to, uncertainties relating to the level of activity in
offshore and U.S. inland marine oil and gas exploration and development,
exploration success by producers, oil and gas prices, competition and market
conditions in the contract drilling industry, actions and approvals of third
parties, possible cancellation or suspension of drilling contracts as a result
of mechanical difficulties or performance, 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 the risk of war and civil disturbance, seizure or
damage of equipment and exchange and currency fluctuations), the impact of
governmental laws and regulations, the adequacy of sources of liquidity, the
effect of litigation and contingencies and other factors described above and
discussed in the Company’s Form 10-K for the year ended December 31, 2004 and in
the Company’s other filings with the SEC, which are available free of charge on
the SEC’s website at www.sec.gov. 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.
The
information in Item 7.01 of this report, including Exhibit 99.1, is being
furnished, not filed. Accordingly, the information in Item 7.01 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 furnishing of
the information in this report is not intended to, and does not, constitute a
determination or admission by the Company that the information in this report is
material or complete, or that investors should consider this information before
making an investment decision with respect to any security of the
Company.
ITEM
9.01. FINANCIAL STATEMENTS AND EXHIBITS.
The
following exhibit is furnished pursuant to Item 7.01:
|
Exhibit
Number |
|
Description |
|
99.1 |
|
Transocean
Inc. Fleet Update |
SIGNATURES
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: June 1, 2005 |
By: |
/s/ William E. Turcotte |
| |
Name: |
William E. Turcotte |
| |
Title: |
Associate General Counsel |
| |
|
INDEX TO
EXHIBITS
|
Exhibit
Number |
|
Description |
|
99.1 |
|
Transocean
Inc. Fleet Update |
1