BNET Industries
Last Fiscal Year Sales:$3.3B
- Public
- US
Dow Jones Description
Contractor of International Offshore & Land Oil & Gas Drilling
Chief Executive Officer
Jon A. MarshallNumber of Employees 5,962
Peer Companies
NAICS Code Drilling Oil and Gas Wells: 213111
News & Analysis
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globalsantafe and transocean inc. - All News and Analysis
Transocean Inc. Reports First Quarter 2008 Financial Results
HOUSTON -- Transocean Inc. (NYSE:RIG) today reported net income for the three months ended March 31, 2008 of $1,189 million, or $3.71 per diluted share, compared to net income of $553 million, or $2.62 per diluted share for the three months ended March 31, 2007. Revenues for the first quarter...
Transocean Inc. Reports Fourth Quarter and Full-Year 2007 Results
HOUSTON -- Transocean Inc. (NYSE:RIG) today reported net income for the three months ended December 31, 2007 of $1,056 million, or $4.17 per diluted share, on record quarterly revenues of $2,077 million. The results compare to net income of $621 million, or $2.92 per diluted share, on revenues of $1,186...
Fitch Downgrades Transocean to 'BBB'; Rating Outlook Stable
Wireless News 11-30-2007 Fitch Downgrades Transocean to 'BBB'; Rating Outlook Stable WIRELESS NEWS-November 30, 2007-Fitch Downgrades Transocean to 'BBB'; Rating Outlook Stable C2007 10Meters - http:// www.10meters.com Fitch Ratings has downgraded Transocean, Inc.'s Transocean(NYSE:RIG - News)...
Fitch Downgrades Transocean to 'BBB'; Rating Outlook Stable
CHICAGO -- Fitch Ratings has downgraded Transocean, Inc.'s Transocean(NYSE:RIG) ratings to 'BBB' from 'BBB+'. The Rating Outlook is Stable. The downgrade stems from Transocean's announced merger with GlobalSantaFe Inc. GlobalSantaFe and its intent to distribute $15 billion in cash to shareholders upon closing of the merger. Because the transaction will...
GlobalSantaFe, Transocean to combine in $53B deal
GlobalSantaFe Corp., Houston, (NYSE: GSF) and Transocean Inc., Houston, (NYSE: RIG) plan to combine in a merger of equals with an estimated enterprise value of approximately $53 billion and 146 rigs. The combined company will retain the name Transocean Inc. and its New York Stock Exchange symbol, RIG.Transocean shareholders will...
Wall Street enjoys rally
NEW YORK -- Stocks rebounded Monday after a fresh round of buyout news offered evidence that Wall Street's penchant for dealmaking hasn't disappeared. Better-than-expected profit news from Merck & Co. also boosted the mood on Wall Street, helping it partially recover from a steep sell-off Friday that...
Transocean, GlobalSantaFe to merge drilling capabilities
HOUSTON -- The world's largest offshore drilling contractor got bigger with Monday's announcement by Transocean that it will combine with GlobalSantaFe, creating a company able to drill globally from shallow to ultra-deep waters. Analysts largely applauded the coupling and said more combinations could be forthcoming. The...
Fitch Downgrades Transocean's IDR to 'BBB+'; Ratings on Watch Negative After Merger Announcement
CHICAGO -- Fitch has downgraded Transocean, Inc.'s Transocean (NYSE:RIG) ratings to 'BBB+' and placed all ratings on Rating Watch Negative as a result of the company's announced merger with GlobalSantaFe Inc. GlobalSantaFe (NYSE:GSF) and the company's intent to distribute $15 billion in cash to shareholders post closing of the merger....
US offshore driller Transocean to buy GlobalSantaFe
NEW YORK AFP — Transocean Inc. is to buy GlobalSantaFe Corp. in a deal that creates an estimated 53-billion-dollar company providing offshore oil and gas drilling services, the companies said Monday. Transocean is the world's largest offshore drilling contractor with a fleet of 82 mobile offshore drilling units, and...
Transocean and GlobalSantaFe Corp. Agree to Merge
Wireless News 07-23-2007 Transocean and GlobalSantaFe Corp. Agree to Merge WIRELESS NEWS-July 23, 2007-Transocean and GlobalSantaFe Corp. Agree to Merge C2007 10Meters - http://www.10meters.com Transocean and GlobalSantaFe Corp. have announced that their boards of directors have unanimously approved a definitive agreement for a merger of equals....
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Jon A. Marshall | Chief Executive Officer |
| Sherry Richard | Senior Vice President, Human Resources |
| Anil B. Shah | Treasurer |
| W. Richard Anderson | Member of the Audit Committee |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Robert E Rose | Chairman |
| C. Russell Luigs | Board of Directors |
| Carroll W Suggs | Board of Directors |
| John L. Whitmire | Board of Directors |
| Khaled R. Al-Haroon | Board of Directors |
| Maha A.R. Razzuqi | Board of Directors |
| Nader Hamad Sultan | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| GlobalSantaFe Corporation | Chief Executive Officer | Current |
| Noia | President and Chief Executive Officer of Globalsantafe | Current |
| GlobalSantaFe Corporation | President | Current |
| Noia | President & Coo, Transocean | Current |
| Noia | Board of Directors | Current |
| Adti | President | Former |
| GlobalSantaFe Corporation | Chief Operating Officer | Former |
| GlobalSantaFe Corporation | Board of Directors | Former |
| United States Military Academy | B.S. In Engineering | Former |
| United States Military Academy | U.S. Military Academy | Former |
Sherry Richard is Senior Vice President of Human Resources and Information Technology for Transocean Ltd. In this role, she is responsible for the company’s worldwide Human Resources functions and worldwide Information Technology infrastructure and applications. She brings over 20 years of energy-related experience to the company, most recently serving as Senior Vice President of Human Resources for GlobalSantaFe Corporation. Prior to that, she was Vice President of Human Resources for Chevron Phillips Chemical Company from 2000 through mid-2003. Ms. Richard began her career with Phillips Petroleum Company (now ConocoPhillips) in 1980 serving in a variety of human resources, operational , commercial and international roles. From 1980 to 1995, she held both generalist and specialist roles domestically and in Norway. In 1995, she became Manager of the San Juan Basin in New Mexico with responsibility for all aspects of exploration and production in that region. In 1998, she became Manager of North America Gas Marketing with commercial responsibility for gas sales, and gathering and processing arrangements. She served as Manager of Corporate Planning immediately prior to joining Chevron Phillips. Ms. Richard holds a B.S and MBA from Murray State University in Kentucky.
| Organization | Position | Status |
|---|---|---|
| GlobalSantaFe Corporation | Senior Vice President, Human Resources | Current |
| Chevron Phillips Chemical Company LLC | Vice President, Human Resources | Former |
| Organization | Position | Status |
|---|---|---|
| GlobalSantaFe Corporation | Chairman | Current |
| Grey Wolf, Inc. | Chair, Compensation Committee | Former |
| Corporate Governance | Board of Directors | Current |
| Transocean Ltd | Chairman | Former |
| Grey Wolf, Inc. | Director | Former |
| GlobalSantaFe Corporation | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| GlobalSantaFe Corporation | Treasurer | Current |
| GlobalSantaFe Corporation | Treasurer & Vice President | Former |
| GlobalSantaFe Corporation | Director. | Former |
| GlobalSantaFe Corporation | Manager, Special Projects | Former |
| Kuwait Petroleum Corporation | Senior Investment Advisor | Former |
| Stanford University | Master’S Degree In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| GlobalSantaFe Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Taylor Plan | Current | |
| Pogo Producing Company | Director | Current |
| GlobalSantaFe Corporation | Board of Directors | Current |
| PHI Inc. | Chief Executive Officer | Former |
| PHI Inc. | President | Former |
| United States Coast Guard | Former | |
| PHI Inc. | Chairman | Former |
| U.S. Department of Transportation | Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Future Coal Fuels | Chairman of the Board of Directors | Current |
| Transocean Ltd | Chair | Former |
| Transocean Ltd | Director | Current |
| El Paso Corporation | Board of Directors | Current |
| GlobalSantaFe Corporation | Board of Directors | Current |
| Boyscouts.Com | Board of Directors | Current |
| Virginia Coalfield Economic Development Authority | Board of Directors | Current |
| The National Coal Council | Board of Directors | Current |
| CNX Gas Corporation | Director | Current |
| El Paso Pipeline Partners, L.P. | Board of Directors | Current |
| Barrick Gold Corporation | Board of Directors | Current |
| New Mexico State University | Bachelor of Science degree in Mechanical Engineering | Former |
| University of Utah | Bachelor's Degree In Mining Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| GlobalSantaFe Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| GlobalSantaFe Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Kuwait Petroleum Corporation | Deputy Chairman & CEO | Current |
| Kuwait Petroleum Corporation | Board of Directors | Current |
| Fluor Corporation | Board of Directors | Current |
| GlobalSantaFe Corporation | Board of Directors | Current |
Array
| Organization | Position | Status |
|---|---|---|
| Prime Natural Resources Inc. | Chief Executive Officer | Current |
| Prime Natural Resources Inc. | President | Current |
| GlobalSantaFe Corporation | Board of Directors | Former |
| Calibre Energy, Inc. | Board of Directors | Current |
| Hein & Associates Llp | Managing Partner | Former |
Executive News
-
Newman to succeed Long as Transocean CEO
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Glass Door
Global Santa Fe Drilling Company
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