HOUSTON, April 10, 2008 (PRIME NEWSWIRE) -- Transocean Inc. (NYSE:RIG) today
announced two vice president appointments within the company's senior management
team.
Terry B. Bonno has been named Vice President, Marketing, reporting to Jon A.
Marshall, President and Chief Operating Officer.
Ms. Bonno previously served as Director, Marketing North and South America Unit
(AMU), which covers the U.S. Gulf of Mexico, Canada, Trinidad and Brazil, since
March 2005. She brings 26 years of industry experience including 17 years with
Global Marine Inc. and Applied Drilling Technology Inc., two subsidiaries of
GlobalSantaFe Corporation that were assumed in a recent merger with the company,
and nine years with Transocean. Ms. Bonno has served in various management
positions in accounting, corporate planning and marketing, including Manager
Sales and Contracts Turnkey, Manager Asset Sales and Senior Sales Representative
North America. She also served in the company's Europe and Africa Unit (EAU) as
Marketing Manager, West Africa South, from 2003 to 2005.
Ms. Bonno is a Certified Public Accountant and holds a Bachelor's degree in
Business Administration -- Accounting from Stephen F. Austin State University.
Simon Crowe has been named Vice President, Planning and Strategy, reporting to
Mr. Marshall.
Previously, Mr. Crowe served as Director, Finance, for the company's Europe and
Africa Unit (EAU), which covers 15 countries. Mr. Crowe joined the company in
2004 as EAU Finance Director. Before joining Transocean, Mr. Crowe served in
various finance functions with three international energy companies.
Mr. Crowe holds a degree in Physics from Liverpool University, United Kingdom.
In addition, he is a member of the Chartered Institute of Management Accountants
in the U.K.
Transocean Inc. is the world's largest offshore drilling contractor and the
leading provider of drilling management services worldwide. With a fleet of 138
mobile offshore drilling units plus eight ultra-deepwater units under
construction, the company's fleet is considered one of the most modern and
versatile in the world due to its emphasis on technically demanding segments of
the offshore drilling business. The company owns or operates a contract drilling
fleet of 39 High-Specification Floaters (Ultra-Deepwater, Deepwater and
Harsh-Environment semisubmersibles and drillships), 29 Midwater Floaters, 10
High-Specification Jackups, 56 Standard Jackups and other assets utilized in the
support of offshore drilling activities worldwide. With a current equity market
capitalization of approximately $47 billion, Transocean Inc.'s ordinary shares
are traded on the New York Stock Exchange under the symbol "RIG."
The Transocean Inc. logo is available at
http://www.primenewswire.com/newsroom/prs/?pkgid=2252
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CONTACT: Transocean Inc.
Analyst Contact:
Gregory S. Panagos
713 232 7551
Media Contact:
Guy A. Cantwell
713 232 7647
