John L. Whitmire to Leave Transocean Ltd. Board of Directors
(Thomson Reuters ONE) -
Transocean Ltd. / John L. Whitmire to Leave Transocean Ltd. Board of Directors processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.
ZUG, SWITZERLAND--(Marketwire - July 1, 2010) - Transocean Ltd. (NYSE: RIG)
(SIX: RIGN) announced today that John L. Whitmire has resigned from its Board of
Directors, effective immediately, for health reasons. Mr. Whitmire has served as
a director of the company since November 2007. He served as a director of
GlobalSantaFe Corporation from November 2001 until November 2007. Mr. Whitmire
has served as Chairman of the Board of Directors of CONSOL Energy Inc. since
1999, and was also Chairman of the Board and Chief Executive Officer of Union
Texas Petroleum Holding Inc. from 1996 until its acquisition by ARCO in 1998.
Mr. Whitmire is also a director of El Paso Corporation.
Transocean Ltd. President and CEO Steven L. Newman said, "John will be missed by
all members of our Board and by the company as a whole. He has been an
outstanding board member and contributed greatly to the success of both
Transocean and GlobalSantaFe. We all wish him the best."
Transocean, Ltd. is the world's largest offshore drilling contractor and the
leading provider of drilling management services worldwide. With a fleet of 139
mobile offshore drilling units plus three ultra-deepwater units under
construction, Transocean'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. Transocean owns or operates a contract drilling
fleet of 45 High-Specification Floaters (Ultra-Deepwater, Deepwater and
Harsh-Environment semisubmersibles and drillships), 26 Midwater Floaters, 10
High-Specification Jackups, 55 Standard Jackups and other assets utilized in the
support of offshore drilling activities worldwide.
For more information about Transocean, please visit our website at
www.deepwater.com.
Analyst Contact:
Gregory S. Panagos
+1 713-232-7551
Media Contact:
Guy A. Cantwell
+1 713-232-7647
[HUG#1429112]
--- End of Message ---
Transocean Ltd.
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ISIN: CH0048265513;
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Source: Transocean Ltd. via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 01.07.2010 - 22:15 Uhr
Sprache: Deutsch
News-ID 23371
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