SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earliest event reported): October 10, 2002 TRANSOCEAN INC. (Exact name of registrant as specified in its charter) CAYMAN ISLANDS 333-75899 66-0587307 (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification No.) 4 GREENWAY PLAZA HOUSTON, TEXAS 77046 (Address of principal executive offices and zip code) Registrant's telephone number, including area code: (713) 232-7500 ITEM 5. OTHER EVENTS. On October 10, 2002, Transocean Inc. (the "Company") issued a press release announcing among other things: (1) that Robert L. Long had become President and Chief Executive Officer of the Company and had been elected to the Company's Board of Directors; (2) that Michael L. Talbert had become Chairman of the Board of Directors; and (3) that Jean Cahuzac had become Chief Operating Officer of the Company. The press release is included as exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. The following exhibits are filed herewith: 99.1 Press Release dated October 10, 2002. 99.2 Agreement dated as of October 10, 2002 among the Company, Transocean Deepwater Drilling Inc. and J. Michael Talbert. 99.3 Amendment dated as of October 10, 2002 to Consulting Agreement between the Company and Victor E. Grijalva. 99.4 Agreement dated as of May 9, 2002 between Transocean Offshore Deepwater Drilling Inc. and Robert L. Long. - 1 - SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. TRANSOCEAN INC. Date: October 10, 2002 By: /s/ Eric B. Brown ------------------------------------------ Eric B. Brown Senior Vice President, General Counsel and Corporate Secretary - 2 -