Transocean Sedco Forex Inc. Declares Dividend
Transocean Sedco Forex Inc. is the world's largest offshore drilling contractorwith more than 160 fully or partially owned or operated mobile offshore drillingunits, inland drilling barges and other assets utilized in the support ofoffshore drilling activities worldwide. The company's mobile offshore drillingfleet is considered one of the most modern and versatile in the world with 31high-specification semisubmersibles and drillships, 29 other semisubmersiblesand one drillship (other floaters), and 54 jackup drilling rigs, of which 28 arelocated in the U.S. Gulf of Mexico. Transocean Sedco Forex specializes intechnically demanding segments of the offshore drilling business, includingindustry-leading positions in deepwater and harsh environment drilling services.With a current equity market capitalization of approximately $9 billion, thecompany's ordinary shares are traded on the New York Stock Exchange under thesymbol \"RIG.\"
CONTACT: Transocean Sedco Forex Inc., Houston Analyst Contact: Jeffrey L. Chastain, 713/232-7551 or Media Contact: Guy A. Cantwell, 713/232-7647URL: http://www.businesswire.comToday's News On The Net - Business Wire's full file on the Internetwith Hyperlinks to your home page.
Copyright (C) 2002 Business Wire. All rights reserved.