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): May 3, 2005
TRANSOCEAN
INC.
(Exact
name of registrant as specified in its charter)
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Cayman
Islands |
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333-75899 |
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66-0582307 |
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(State
or other jurisdiction of incorporation or organization) |
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(Commission
File Number) |
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(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):
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o |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425) |
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12) |
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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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 May 3, 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 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:
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Exhibit
Number |
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Description |
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99.1 |
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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.
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TRANSOCEAN
INC. |
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Date:
May 3, 2005 |
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By: |
/s/
William E. Turcotte |
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Name: |
William
E. Turcotte |
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Title: |
Associate
General Counsel |
INDEX TO
EXHIBITS
Exhibit
Number |
|
Description |
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99.1 |
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Transocean
Inc. Fleet Update |