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): January 1, 2003

                                 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  the  drilling  fleet  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.

     Drilling  rig  status  and contract information, including contract dayrate
and  duration,  as  of  January 1, 2003 on the drilling fleet of the Company has
been  condensed  into  a  report  entitled  "Monthly  Fleet  Update" and will be
available  through  the company's website at  The report will
be  located  in the "Investor Relations / Financial Reports" section of the site
and  is  comprised  of  two  segments, "Monthly Fleet Update" and "Monthly Fleet
Update - Domestic Jackups and Barges."  You may subscribe to the free Transocean
Financial  Report Alert which will alert you to new Monthly 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  statements  made  in  the Monthly 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 Monthly 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,  the  Company's  ability  to  successfully  integrate the operations of
acquired  businesses,  newbuild  rig  performance,  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-Q for the
quarter  ended  September 30, 2002 and 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


     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:  January  1,  2003           By:    /s/  Eric  B.  Brown
                                   Name:  Eric  B.  Brown
                                   Title: Senior Vice President, General Counsel
                                          and  Corporate  Secretary