10-K/A

                                  FORM 10-K/A
                                AMENDMENT NO. 1

                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549
(Mark  One)

 (    X    )      ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                 FOR THE FISCAL YEAR ENDED: December 31, 1997

                                      OR

 (      )   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
               SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED)
               FOR THE TRANSITION PERIOD FROM ______ TO ______

                       Commission File Number:  1-11675

                             TRITON ENERGY LIMITED
            (Exact name of registrant as specified in its charter)



           CAYMAN ISLANDS                               NONE
      (State or other jurisdiction of               (I.R.S. Employer
       incorporation or organization)                Identification No.)

          CALEDONIAN HOUSE
      MARY STREET, P.O. BOX 1043
          GEORGE TOWN
     GRAND CAYMAN, CAYMAN ISLANDS                        NONE
(Address of principal executive offices)               (Zip Code)

          Registrant's telephone number, including area code: 345-949-0050

                Securities registered pursuant to Section 12(b) of the Act:

                                                    NAME OF EACH EXCHANGE
          TITLE OF EACH CLASS                        ON WHICH REGISTERED
          -------------------                       ---------------------

     Ordinary Shares, $.01 par value               New York Stock Exchange

            Securities registered pursuant to Section 12(g) of the Act:

                                   None.

     INDICATE  BY  CHECK MARK WHETHER THE REGISTRANT (1) HAS FILED ALL REPORTS
REQUIRED  TO BE FILED BY SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF
1934  DURING  THE  PRECEDING  12  MONTHS  (OR FOR SUCH SHORTER PERIOD THAT THE
REGISTRANT  WAS  REQUIRED  TO  FILE SUCH REPORTS), AND (2) HAS BEEN SUBJECT TO
SUCH  FILING  REQUIREMENTS  FOR  THE  PAST  90  DAYS.    YES X         NO
     INDICATE  BY  CHECK  MARK  IF DISCLOSURE OF DELINQUENT FILERS PURSUANT TO
ITEM 405 OF REGULATION S-K IS NOT CONTAINED HEREIN, AND WILL NOT BE CONTAINED,
TO  THE  BEST  OF  REGISTRANT'S  KNOWLEDGE, IN DEFINITIVE PROXY OR INFORMATION
STATEMENTS  INCORPORATED  BY  REFERENCE  IN  PART III OF THIS FORM 10-K OR ANY
AMENDMENT  TO  THIS  FORM  10-K.
     THE  AGGREGATE MARKET VALUE OF THE VOTING STOCK HELD BY NON-AFFILIATES OF
THE  REGISTRANT  AT  MARCH 16, 1998 (FOR SUCH PURPOSES ONLY, ALL DIRECTORS AND
EXECUTIVE  OFFICERS  ARE  PRESUMED  TO  BE  AFFILIATES) WAS APPROXIMATELY $1.2
BILLION,  BASED ON THE CLOSING SALES PRICE OF $ 32 13/16 ON THE NEW YORK STOCK
EXCHANGE.

     AS  OF MARCH 16, 1998,  36,576,047 ORDINARY SHARES OF THE REGISTRANT WERE
OUTSTANDING.

                      DOCUMENTS INCORPORATED BY REFERENCE

     PORTIONS  OF THE PROXY STATEMENT PERTAINING TO THE 1998 ANNUAL MEETING OF
SHAREHOLDERS OF TRITON ENERGY LIMITED  ARE INCORPORATED BY REFERENCE INTO PART
III  HEREOF.


Triton  Energy  Limited  hereby  amends its Annual Report on Form 10-K for the
year  ended December 31, 1997 to include Restated Financial Data Schedules for
the  periods  indicated  below  as  a  result  of its adoption of Statement of
Financial  Accounting  Standards  No.  128,  "Earnings  Per  Share."


ITEM  14.          EXHIBITS



Exhibit Number  Description

27.1  Restated Financial Data Schedule -Three months ended March 31, 1996*
27.2  Restated Financial Data Schedule -Six months ended  June 30, 1996*
27.3  Restated Financial Data Schedule -Nine months ended  September 30, 1996*
27.4  Restated Financial Data Schedule -Year ended  December 31, 1996*
27.5  Restated Financial Data Schedule -Six months ended  June 30, 1997*
27.6  Restated Financial Data Schedule -Nine months ended  September 30, 1997*


 *  Filed  herewith.



                                  SIGNATURES


     Pursuant  to  the  requirements  of Section 13 or 15(d) of the Securities
Exchange  Act  of  1934,  the Registrant has duly caused this Annual Report on
Form  10-K/A  to be signed by the undersigned thereunto duly authorized on the
26 day  of  June, 1998.

                                           TRITON  ENERGY  LIMITED



                                           By: /s/Robert  B.  Holland,  III.
                                           -----------------------------
                                           Robert B. Holland, III, Senior Vice
                                              President


     Pursuant to the requirements of the Securities Exchange Act of 1934, this
Annual Report on Form 10-K/A has been signed below by the following persons on
behalf  of  the  Registrant and in the capacities indicated on the 26 day of
June,  1998.



   Signatures                                    Title
   ----------                                    -----



        *                                    Chairman of the Board and
- -----------------                             Chief Executive Officer
(Thomas G. Finck)

        *                                    Senior Vice President and
- -----------------                             Chief Financial Officer
 (Peter Rugg)                                (Principal Accounting and
                                               Financial Officer)





      *                      Director                 June 26, 1998
- --------------------
(John P. Lewis)


      *                      Director                 June 26, 1998
- --------------------
(Michael E. McMahon)


      *                      Director                 June 26, 1998
- --------------------
(Ernest E. Cook)


      *                      Director                 June 26, 1998
- --------------------
(Sheldon R. Erikson)


      *                      Director                 June 26, 1998
- --------------------
(Jesse E. Hendricks)


      *                      Director                 June 26, 1998
- --------------------
(Fitzgerald S. Hudson)


      *                      Director                 June 26, 1998
- --------------------
(John R. Huff)


      *                      Director                 June 26, 1998
- --------------------
(Thomas P. Kellogg, Jr.)


      *                      Director                 June 26, 1998
- --------------------
(Edwin D. Williamson)



*By:  /s/  ROBERT  B.  HOLLAND,  III.
      -------------------------------
         (Robert B. Holland, III)
           Attorney-in-fact

EX-27.1

 

   
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
March 31, 1996 financial statements and is qualified in its entirety
by reference to such financial statements. EPS amounts have been
restated to reflect the Company's adoption of Financial Accounting
Standards No. 128, "Earnings Per Share" as of December 31, 1997.

<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                          48,481
<SECURITIES>                                    26,509
<RECEIVABLES>                                   36,168
<ALLOWANCES>                                       810
<INVENTORY>                                      1,793
<CURRENT-ASSETS>                               115,043
<PP&E>                                         632,408
<DEPRECIATION>                                  87,470
<TOTAL-ASSETS>                                 845,446
<CURRENT-LIABILITIES>                           44,267
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                      8,840
<COMMON>                                           361
<OTHER-SE>                                     248,794
<TOTAL-LIABILITY-AND-EQUITY>                   845,446
<SALES>                                         35,781
<TOTAL-REVENUES>                                35,781
<CGS>                                            9,541
<TOTAL-COSTS>                                    9,541
<OTHER-EXPENSES>                                 6,401
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             (5,698)
<INCOME-PRETAX>                                 12,044
<INCOME-TAX>                                       693
<INCOME-CONTINUING>                             11,351
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    11,351
<EPS-PRIMARY>                                     0.30
<EPS-DILUTED>                                     0.29
        
    


 

EX-27.2

 

   
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
June 30, 1996 financial statements and is qualified in its entirety
by reference to such financial statements. EPS amounts have been
restated to reflect the Company's adoption of Financial Accounting
Standards No. 128, "Earnings Per Share" as of December 31, 1997.

<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                          29,285
<SECURITIES>                                    12,498
<RECEIVABLES>                                   48,511
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                94,358
<PP&E>                                         651,017
<DEPRECIATION>                                  44,918
<TOTAL-ASSETS>                                 882,281
<CURRENT-LIABILITIES>                           64,052
<BONDS>                                        399,393
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                      8,840
<COMMON>                                           362
<OTHER-SE>                                     269,611
<TOTAL-LIABILITY-AND-EQUITY>                   882,281
<SALES>                                         66,951
<TOTAL-REVENUES>                                66,951
<CGS>                                           19,163
<TOTAL-COSTS>                                   19,163
<OTHER-EXPENSES>                                12,064
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               9,992
<INCOME-PRETAX>                                 26,738
<INCOME-TAX>                                     2,691
<INCOME-CONTINUING>                             24,047
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                  (434)
<CHANGES>                                            0
<NET-INCOME>                                    23,613
<EPS-PRIMARY>                                     0.64
<EPS-DILUTED>                                     0.62
        
    


 

EX-27.3

 

   
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
September 30, 1996 financial statements and is qualified in its
entirety by reference to such financial statements. EPS amounts have
been restated to reflect the Company's adoption of Financial Accounting
Standards No. 128, "Earnings Per Share" as of December 31, 1997.

<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                          51,912
<SECURITIES>                                     3,956
<RECEIVABLES>                                   26,335
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                89,563
<PP&E>                                         709,494
<DEPRECIATION>                                  49,855
<TOTAL-ASSETS>                                 913,110
<CURRENT-LIABILITIES>                           67,689
<BONDS>                                        387,299
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                      8,516
<COMMON>                                           363
<OTHER-SE>                                     311,039
<TOTAL-LIABILITY-AND-EQUITY>                   913,110
<SALES>                                         93,549
<TOTAL-REVENUES>                                97,731
<CGS>                                           28,035
<TOTAL-COSTS>                                   28,035
<OTHER-EXPENSES>                                18,036
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              13,322
<INCOME-PRETAX>                                 47,635
<INCOME-TAX>                                     4,039
<INCOME-CONTINUING>                             43,596
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                (1,196)
<CHANGES>                                            0
<NET-INCOME>                                    42,400
<EPS-PRIMARY>                                     1.16
<EPS-DILUTED>                                     1.13
        
    


 

EX-27.4

 

   
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
December 31, 1996 financial statements and is qualified in its
entirety by reference to such financial statements. EPS amounts have
been restated to reflect the Company's adoption of Financial Accounting
Standards No. 128, "Earnings Per Share" as of December 31, 1997.

<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                          11,048
<SECURITIES>                                     3,866
<RECEIVABLES>                                   11,526
<ALLOWANCES>                                        76
<INVENTORY>                                          0
<CURRENT-ASSETS>                                84,360
<PP&E>                                         773,254
<DEPRECIATION>                                  96,421
<TOTAL-ASSETS>                                 914,524
<CURRENT-LIABILITIES>                          266,563
<BONDS>                                        217,078
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                      8,515
<COMMON>                                           363
<OTHER-SE>                                     291,766
<TOTAL-LIABILITY-AND-EQUITY>                   914,524
<SALES>                                        129,795
<TOTAL-REVENUES>                               133,977
<CGS>                                           36,654
<TOTAL-COSTS>                                   36,654
<OTHER-EXPENSES>                                68,600
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              15,897
<INCOME-PRETAX>                                 20,945
<INCOME-TAX>                                    (2,860)
<INCOME-CONTINUING>                             23,805
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                 (1,196)
<CHANGES>                                            0
<NET-INCOME>                                    22,609
<EPS-PRIMARY>                                     0.61
<EPS-DILUTED>                                     0.59
        
    


 

EX-27.5

 

   
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
June 30, 1997 financial statements and is qualified in its entirety
by reference to such financial statements. EPS amounts have been
restated to reflect the Company's adoption of Financial Accounting
Standards No. 128, "Earnings Per Share" as of December 31, 1997.

<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<CASH>                                          24,079
<SECURITIES>                                       653
<RECEIVABLES>                                    8,583
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                82,811
<PP&E>                                         830,499
<DEPRECIATION>                                  68,995
<TOTAL-ASSETS>                               1,010,939
<CURRENT-LIABILITIES>                          141,263
<BONDS>                                        461,113
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                      7,511
<COMMON>                                           365
<OTHER-SE>                                     285,592
<TOTAL-LIABILITY-AND-EQUITY>                 1,010,939
<SALES>                                         66,328
<TOTAL-REVENUES>                                66,328
<CGS>                                           22,133
<TOTAL-COSTS>                                   22,133
<OTHER-EXPENSES>                                15,455
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              12,249
<INCOME-PRETAX>                                  6,621
<INCOME-TAX>                                     3,443
<INCOME-CONTINUING>                              3,178
<DISCONTINUED>                                       0
<EXTRAORDINARY>                               (14,491)
<CHANGES>                                            0
<NET-INCOME>                                  (11,313)
<EPS-PRIMARY>                                   (0.32)
<EPS-DILUTED>                                   (0.31)
        
    


 

EX-27.6

 

   
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
September 30, 1997 financial statements and is qualified in its
entirety by reference to such financial statements. EPS amounts have
been restated to reflect the Company's adoption of Financial Accounting
Standards No. 128, "Earnings Per Share" as of December 31, 1997.

<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                          35,056
<SECURITIES>                                         0
<RECEIVABLES>                                   17,357
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               101,072
<PP&E>                                         887,914
<DEPRECIATION>                                  77,522
<TOTAL-ASSETS>                               1,081,134
<CURRENT-LIABILITIES>                          251,017
<BONDS>                                        425,807
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                      7,511
<COMMON>                                           365
<OTHER-SE>                                     292,255
<TOTAL-LIABILITY-AND-EQUITY>                 1,081,134
<SALES>                                        103,321
<TOTAL-REVENUES>                               103,321
<CGS>                                           35,252
<TOTAL-COSTS>                                   35,252
<OTHER-EXPENSES>                                24,746
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              17,946
<INCOME-PRETAX>                                 17,932
<INCOME-TAX>                                     8,553
<INCOME-CONTINUING>                              9,379
<DISCONTINUED>                                       0
<EXTRAORDINARY>                               (14,491)
<CHANGES>                                            0
<NET-INCOME>                                   (5,112)
<EPS-PRIMARY>                                   (0.15)
<EPS-DILUTED>                                   (0.15)