Transocean Proxy Statement and 2010 Annual Report

More documents

Recommendations

Info

Name Jurisdiction Registered Office Share Capital Interest Hellerup Finance International Ireland Dublin USD 1,000,000 100.00% Intermarine Services (International) Limited Bahamas Nassau USD 10 100.00% Intermarine Services Inc. Texas Dallas USD 1,000 100.00% Intermarine Servicos Petroliferos Ltda. Brazil Rio de Janerio BRL 22,438,500 100.00% International Chandlers, Inc. Texas Dallas USD 1,000 100.00% Laterite Mining Inc. Philippines Makati PHP 100,001 40.00% Minerales Submarinos Mexicanos S.A. Mexico Mexico City - - 19.50% Modi-Santa Fe India Limited India New Delhi INR 1,000,000 40.00% MSF Offshore Services India Private Limited India New Delhi INR 200 100.00% Nickel Development Inc. Philippines Makati PHP 100,000 40.00% NRB Drilling Services Limited Nigeria Lagos NGN 100,000 60.00% Offshore Holdings Limited Cayman Islands Grand Cayman USD 1 100.00% Oilfield Services, Inc Cayman Islands Grand Cayman USD 2 100.00% Overseas Drilling Limited Cayman Islands George Town USD 3,000 50.00% P.T. Hitek Nusantara Offshore Drilling Indonesia Jakarta Selatan USD 4,000,000 80.00% P.T. Santa Fe Supraco Indonesia Indonesia Jakarta Selatan USD 8,300,000 95.00% Platform Capital N.V. Netherlands Antilles Curacao USD 249,600,734 100.00% Platform Financial N.V. Netherlands Antilles Curacao USD 6,215 100.00% PT Transocean Indonesia Indonesia Jakarta Selatan USD 331,000 100.00% R&B Falcon (A) Pty Ltd Western Australia Perth USD 2 100.00% R&B Falcon (Caledonia) Limited England London USD 140 100.00% R&B Falcon (Ireland) Limited Ireland Dublin EUR 2.54 100.00% R&B Falcon (M) Sdn. Bhd. Malaysia Kuala Lumpur MYR 220,000 49.00% R&B Falcon (U.K.) Limited England London USD 153 100.00% R&B Falcon B.V. Netherlands Rotterdam EUR 18,000 100.00% R&B Falcon Deepwater (UK) Limited England London GBP 1 100.00% R&B Falcon Drilling (International & Deepwater) Inc. LLC Delaware Dover USD 1,000 100.00% R&B Falcon Drilling Co. LLC Oklahoma Oklahoma City USD 1,000 100.00% R&B Falcon Drilling Limited LLC Oklahoma Oklahoma City USD 1,000 100.00% R&B Falcon Exploration Co., LLC Oklahoma Oklahoma City USD 1,000 100.00% R&B Falcon International Energy Services B.V. Netherlands Rotterdam EUR 135,000 100.00% R&B Falcon Offshore Limited, LLC Oklahoma Oklahoma City USD 1,000 100.00% R&B Falcon, Inc. LLC Oklahoma Oklahoma City USD 1,000 100.00% Ranger Insurance Limited Cayman Islands Grand Cayman USD 1 100.00% RB Mediterranean Ltd. Cayman Islands Grand Cayman USD 1,000 100.00% RBF (Nigeria) Limited Nigeria Lagos NGN 1,250,000 100.00% RBF Drilling Co. LLC Oklahoma Oklahoma City USD 1,000 100.00% RBF Drilling Services, Inc. LLC Oklahoma Oklahoma City USD 1,000 100.00% RBF Exploration LLC Delaware Dover USD 1,000 100.00% RBF Finance Co. Delaware Dover USD 3 100.00% RBF Rig Corporation, LLC Oklahoma Oklahoma City USD 1,000 100.00% Reading & Bates Coal Co., LLC Nevada Carson City USD 1,000 100.00% Reading & Bates Demaga Perfuraçoes Ltda. Brazil Rio de Janeiro BRL 22,000 100.00% Resource Rig Supply Inc. Delaware Wilmington USD 5,000 100.00% Safemal Drilling Sdn. Bhd. Malaysia Miri Sarawak MYR 750,000 100.00% Santa Fe Braun Inc. Delaware Wilmington USD 500,000 100.00% Santa Fe Construction Company Delaware Wilmington USD 5,000 100.00% Santa Fe Drilling (Nigeria) Limited Nigeria Lagos NGN 150,000 60.00% Santa Fe Drilling Company (U.K.) Limited England London GBP 10,000 100.00% Santa Fe Drilling Company of Venezuela, C.A. California Los Angeles USD 100,000 100.00% Saudi Drilling Company Limited Saudi Arabia Dhahran SAR 1,500,000 100.00% CG-24
Name Jurisdiction Registered Office Share Capital Interest SDS Offshore Limited England London USD 1,766 100.00% Sedco Forex Holdings Limited British Virgin Islands Tortola USD 1,000 100.00% Sedco Forex International Drilling, Inc. Panama Panama City USD 10,000 100.00% Sedco Forex International Services, S.A. Panama Panama City USD 500 100.00% Sedco Forex International, Inc. Panama Panama City USD 1,000 100.00% Sedco Forex of Nigeria Limited Nigeria Lagos NGN 10,000,000 92.47% Sedco Forex Technology, Inc. Panama Panama City USD 10,000 100.00% Sedneth Panama, S.A. Panama Panama City USD 80,000 100.00% Sefora Maritime Limited British Virgin Islands Tortola USD 3,500,000 100.00% Services Petroliers Transocean France Courbevoie FRF 300,000 100.00% Servicios Petroleros Santa Fe, S.A. Venezuela Caracas VEB 5,000,000 49.00% Shore Services, LLC Texas Austin USD 1,000.00 100.00% Sonat Brasocean Serviços de Perfuraçoes Ltda. Brazil Rio de Janeiro BRL 3,525 100.00% Sonat Offshore do Brasil Perfuraçoes Maritimas Ltda. Brazil Rio de Janeiro BRL 225,348.98 100.00% Sonat Offshore S.A. Panama Panama City USD 1,000 100.00% T. I. International Mexico S. de R.L. de C.V. Mexico Colonia Juarez MXN 3,000 100.00% TODDI Holdings LLC Delaware Wilmington USD 1 100.00% TOIVL Holdings Limited Cayman Islands Grand Cayman USD 0.01 100.00% Transocean (Mediterranean & Red Sea) Drilling Limited Cayman Islands Grand Cayman USD 1,000 100.00% Transocean 1 AS Norway Stavanger USD 247,222 100.00% Transocean Africa Drilling Limited Cayman Islands Grand Cayman USD 0.01 100.00% Transocean Alaskan Ventures Inc. Delaware Wilmington USD 1,000 100.00% Transocean Arctic Limited Cayman Islands Grand Cayman USD 0.01 100.00% Transocean Asia Services Sdn Bhd Malaysia Kuala Lumpur MYR 500,000 100.00% Transocean Benefit Services Srl Barbados St. Michael USD 1,000 100.00% Transocean Brasil Ltda. Brazil Macae BRL 407,653,729 100.00% Transocean Britannia Limited Cayman Islands Grand Cayman USD 1 100.00% Transocean Canada Co. Nova Scotia Halifax USD 1,000 100.00% Transocean Canada Drilling Services Ltd. Nova Scotia Halifax USD 10 100.00% Transocean Construction Management Ltd. Cayman Islands Grand Cayman USD 0.01 100.00% Transocean Cunningham LLC Delaware Dover USD 1,000 100.00% Transocean Deepwater Frontier Limited Cayman Islands Grand Cayman USD 1,000 100.00% Transocean Deepwater Holdings Limited Cayman Islands Grand Cayman USD 1,000 100.00% Transocean Deepwater Inc. Delaware Dover USD 10 100.00% Transocean Deepwater Nautilus Limited Cayman Islands Grand Cayman USD 1,000 100.00% Transocean Deepwater Pathfinder Limited Cayman Islands Grand Cayman USD 1,000 100.00% Transocean Discoverer 534 LLC Delaware Dover USD 1,000 100.00% Transocean Drilling (Nigeria) Ltd. Nigeria Lagos NGN 2,500,000 100.00% Transocean Drilling (U.S.A.) Inc. Texas Austin USD 10,000 100.00% Transocean Drilling Israel Ltd. Cayman Islands Grand Cayman USD 1 100.00% Transocean Drilling Limited Scotland Aberdeen USD 179,729 100.00% Transocean Drilling Offshore S.a.r.l. Luxembourg Luxembourg USD 20,000 100.00% Transocean Drilling Resources Limited Cayman Islands Grand Cayman USD 1 100.00% Transocean Drilling Sdn. Bhd. Malaysia Kuala Lumpur MYR 350,000 40.00% Transocean Drilling Services (India) Private Limited India Mumbai INR 40,000,000 100.00% Transocean Drilling Services Inc. Delaware Wilmington USD 1,000 100.00% Transocean Drilling Turkey Limited Cayman Islands Grand Cayman USD 1 100.00% Transocean Drilling U.K. Limited Scotland Aberdeen GBP 1,220 100.00% Transocean Eastern Pte. Ltd. Singapore Singapore SGD 500,000 100.00% Transocean Enterprise Inc. Delaware Wilmington USD 1,000 100.00% Transocean EURpe Holdings Limited Cayman Islands Grand Cayman USD 1,000 100.00% CG-25
Page 1 and 2:
Transocean Proxy Statement and 2010
Page 3 and 4:
2010 LETTER TO THE SHAREHOLDERS We
Page 5:
In addition to a focus on meeting o
Page 9 and 10:
Agenda Items INVITATION TO ANNUAL G
Page 11 and 12:
(9) Election of Three New Directors
Page 13 and 14:
We may accept a proxy by any form o
Page 15 and 16:
PROXY STATEMENT FOR ANNUAL GENERAL
Page 17 and 18:
of the dividend reserve from capita
Page 19 and 20:
You may revoke your proxy card at a
Page 21 and 22:
AGENDA ITEM 2. Discharge of the Mem
Page 23 and 24:
AGENDA ITEM 4. Reallocation of Free
Page 25 and 26:
AGENDA ITEM 6. Conditional Agenda I
Page 27 and 28:
Proposal of the Board of Directors
Page 29 and 30:
AGENDA ITEM 8. Reduction of the Max
Page 31 and 32:
Nominees for Director—Class III
Page 33 and 34:
November 2007. Since August 2008, M
Page 35 and 36:
The Board of Directors has conclude
Page 37 and 38:
e disclosed and not whether a parti
Page 39 and 40:
Submit nominations to our Corporate
Page 41 and 42:
The Executive Compensation Committe
Page 43 and 44:
Committee is ‘‘financially lite
Page 45 and 46:
AUDIT COMMITTEE REPORT The Audit Co
Page 47 and 48:
SECURITY OWNERSHIP OF DIRECTORS AND
Page 49 and 50:
As a direct consequence of the Maco
Page 51 and 52:
Executive Compensation Program—Gu
Page 53 and 54:
$100,000. Accordingly, neither Long
Page 55 and 56:
Element Targeted Position Comments
Page 57 and 58:
In February 2010, the Committee rev
Page 59 and 60:
Safety Performance. Our business in
Page 61 and 62:
Timing of the system roll out compr
Page 63 and 64:
total target value for stock option
Page 65 and 66:
Executive Compensation Program—He
Page 67 and 68:
Perquisites and Other Personal Bene
Page 69 and 70:
• a cash severance benefit equal
Page 71 and 72:
Summary Compensation Table EXECUTIV
Page 73 and 74:
(17) In 2010, Mr. Toma’s base pay
Page 75 and 76:
Outstanding Equity Awards at Fiscal
Page 77 and 78:
Option Exercises and Shares Vested
Page 79 and 80:
offset to allow for the fact that h
Page 81 and 82:
Contributions are based on a partic
Page 83 and 84:
(3) The terms and conditions of the
Page 85 and 86:
(1) Based on the target (100%) payo
Page 87 and 88:
Mr. Newman Mr. Rosa Mr. Brown Mr. B
Page 89 and 90:
AGENDA ITEM 10 Appointment of Ernst
Page 91 and 92:
Proposal AGENDA ITEM 11. Advisory V
Page 93 and 94:
OTHER MATTERS Compensation Committe
Page 95 and 96:
Annexes P-81
Page 97 and 98:
(2) Shareholders may, upon the term
Page 99 and 100:
3 Der Verwaltungsrat ist ermächtig
Page 101:
Annex C Amended Article 22 of the A
Page 105 and 106:
TRANSOCEAN LTD. AND SUBSIDIARIES IN
Page 107 and 108:
Item 1. Business PART I Overview Tr
Page 109 and 110:
Jackup rigs are mobile self-elevati
Page 111 and 112:
Midwater Floaters The following tab
Page 113 and 114:
Markets Our operations are geograph
Page 115 and 116:
Integrated Services From time to ti
Page 117 and 118:
Item 1A. Risk Factors Risks related
Page 119 and 120:
Our business depends on the level o
Page 121 and 122:
events” above. Our inability to r
Page 123 and 124:
The application of the Working Time
Page 125 and 126:
We are subject to litigation that,
Page 127 and 128:
these tests, “passive income” i
Page 129 and 130:
Item 2. Properties The description
Page 131 and 132:
LDEQ would not rescind the enforcem
Page 133 and 134:
Patent litigation—In 2007, severa
Page 135 and 136:
Executive Officers of the Registran
Page 137 and 138:
PART II Item 5. Market for Registra
Page 139 and 140:
the “virtual second trading line
Page 141 and 142:
Item 6. Selected Financial Data The
Page 143 and 144:
payment of $453 million. In connect
Page 145 and 146:
Midwater Floaters—For our Midwate
Page 147 and 148:
Fleet average daily revenue—The f
Page 149 and 150:
services operations and (d) approxi
Page 151 and 152:
Depreciation, depletion and amortiz
Page 153 and 154:
AR-49 Years ended December 31, 2010
Page 155 and 156:
During the year ended December 31,
Page 157 and 158:
applicable margin, ranging from 3.1
Page 159 and 160:
Contractual obligations—As of Dec
Page 161 and 162:
Plan assets—We review our investm
Page 163 and 164:
Ports and Waterways Safety Act, the
Page 165 and 166:
such U.S. business. In November 200
Page 167 and 168:
Related Party Transactions Pacific
Page 169 and 170:
and the long-term impact of those u
Page 171 and 172:
in partial exposure to foreign exch
Page 173 and 174:
REPORT OF INDEPENDENT REGISTERED PU
Page 175 and 176:
To the General Meeting of Transocea
Page 177 and 178:
TRANSOCEAN LTD. AND SUBSIDIARIES CO
Page 179 and 180:
TRANSOCEAN LTD. AND SUBSIDIARIES CO
Page 181 and 182:
TRANSOCEAN LTD. AND SUBSIDIARIES NO
Page 183 and 184:
Page 185 and 186:
Page 187 and 188:
Page 189 and 190:
Page 191 and 192:
Page 193 and 194:
Page 195 and 196:
Page 197 and 198:
Page 199 and 200:
Page 201 and 202:
Note 13—Postemployment Benefit Pl
Page 203 and 204:
Page 205 and 206:
Page 207 and 208:
Page 209 and 210:
Page 211 and 212:
Page 213 and 214:
Page 215 and 216:
Page 217 and 218:
Page 219 and 220:
Page 221 and 222:
Page 223 and 224:
Page 225 and 226:
PART III Item 10. Directors, Execut
Page 227 and 228:
(3) Exhibits The following exhibits
Page 229 and 230: 4.26 Third Supplemental Indenture,
Page 231 and 232: * 10.36 GlobalSantaFe Corporation 2
Page 233 and 234: SIGNATURES Pursuant to the requirem
Page 235: TRANSOCEAN LTD. STATUTORY FINANCIAL
Page 238 and 239: TRANSOCEAN LTD. STATEMENT OF OPERAT
Page 240 and 241: Note 1—General TRANSOCEAN LTD. NO
Page 242 and 243: TRANSOCEAN LTD. NOTES TO STATUTORY
Page 244 and 245: Note 7—Board of Directors Compens
Page 250 and 251: As of December 31, 2009 Name TRANSO
Page 252 and 253: As of December 31, 2009 TRANSOCEAN
Page 256 and 257: provided, however, that: TRANSOCEAN
Page 258 and 259: Transocean is a leading internation
Page 260 and 261: Under the terms and conditions cont
Page 262 and 263: As of December 31, 2010, December 3
Page 264 and 265: 3. Board of Directors 3.1/ The memb
Page 266 and 267: Corporation during 1994 and 1995 an
Page 268 and 269: � Members of Executive Management
Page 270 and 271: Long-Term Incentive Plan The annual
Page 272 and 273: Pension Benefits for Fiscal Year 20
Page 274 and 275: Our Articles of Association further
Page 276 and 277: 7. Mandatory Offer Requirement / Ch
Page 278 and 279: Annex 1 Subsidiaries of Transocean
Page 282 and 283: Name Jurisdiction Registered Office
Page 287 and 288: Board Of Directors Robert E. Rose C
show all

Transocean Proxy Statement and 2010 Annual Report

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?