| | Business Summary | | Transocean
Sedco
Forex
Inc.
is
a
provider
of
offshore
contract
drilling
services
for
oil
and
gas
wells.
As
of
March
1,
2001,
the
Company
owned,
had
partial
ownership
interests
in,
operated
or
had
under
construction
166
mobile
offshore
and
barge-drilling
units.
The
Company's
active
fleet
includes
13
high-specification
drillships,
three
other
drillships,
20
high-specification
semi-submersibles,
30
other
semi-submersibles,
55
jack-up
rigs,
37
drilling
barges,
five
tenders
and
three
submersible
rigs.
The
fleet
also
includes
four
mobile
offshore
production
units,
two
multi-purpose
service
vessels
and
three
platform-drilling
rigs.
Transocean's
core
business
is
to
contract
these
drilling
rigs,
related
equipment
and
work
crews
to
drill
oil
and
gas
wells.
The
Company
specializes
in
technically
demanding
segments
of
the
offshore
drilling
business,
with
a
focus
on
deepwater
and
harsh
environment
drilling
services.
Transocean
also
provides
management
of
third-party
well
service
activities. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Transocean
Sedco
Forex
is
an
international
provider
of
deepwater
and
harsh
environment
contract
drilling
services
for
oil
and
gas
wells.
For
the
six
months
ended
6/30/01,
revenues
totaled
$1.30
billion,
up
from
$600.1
million.
Net
income
before
extraordinary
item
increased
70%
to
$116.3
million.
Revenues
benefitted
from
the
merger
with
Transocean
Offshore.
Net
income
was
partially
offset
by
an
increased
interest
expense. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Victor Grijalva, 62
Chairman
of Directors | -- | J. Talbert, 54
Pres,
CEO | $1.4M | Robert Long, 55
CFO,
Exec. VP | 549K | W. Heagney, 53
COO,
Exec. VP | 608K | Jean Cahuzac, 47
Exec.
VP of Operations | 629K | | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/r/rig.gif)