Transocean Appoints Two Vice Presidents

Transocean Inc. 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.

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.