Copyright © 2010 Transocean LTD.


Dear co-workers:

Opportunity! That is the word that comes to my mind as we look forward to what is going to happen in 2010. We all have the good fortune to work in one of the most interesting and challenging businesses in the world. And in more than 34 years with this company, I cannot remember a time when there was so much opportunity in front of us.

I have had a great career with Transocean, thanks to all of you and many others like you who have worked for the company over the years. I’ve seen the company I joined grow from a small drilling subsidiary of a natural resource company to a world-class, multi-national company that has the ability to change the contract drilling business.

By the time you read this, the effective date of my retirement will have been announced and Steven Newman will be ready to assume the position of CEO. I envy the opportunity Steven has to take this company to even greater heights. With the capabilities of our people, our financial strength, our asset and customer base and technical leadership – there is no limit to what this company can do.

I am going to miss the constant flow of activity and challenges. But most of all I am going to miss the people. It has been unbelievably rewarding for me to see us grow into a truly multi-national company offering unlimited opportunity to people of all nationalities all over the world. It has been my good fortune to get to know some truly amazing people and I leave with a lot of good memories.

I look forward to following the future success of the company and I am confident that Steven will provide the leadership required for that success. He loves this business and understands it better than anyone else I know. He is young, bright and full of ideas … the ideal leader for this dynamic time in the business.

Good luck in the future. Thanks for your commitment to this company and always remember: “Operations conducted in an incident-free environment … all the time, everywhere.”


Bob Long

Click here to view our tribute to Bob Long, which was published on the back cover of our Winter 2010 issue.