8-K

                       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):  November 20, 2001 (November
                                   20, 2001)

                               GLOBAL MARINE INC.

             (Exact name of registrant as specified in its charter)

        DELAWARE                         1-5471                  95-1849298
(State or other jurisdiction          (Commission             (I.R.S. Employer
     of incorporation)                File Number)           Identification No.)

                            777 N. ELDRIDGE PARKWAY
                           HOUSTON, TEXAS 77079-4493
             (Address of principal executive offices and zip code)

       Registrant's telephone number, including area code:  713-596-5100


ITEM 1.    CHANGES IN CONTROL OF REGISTRANT.

           On November 20, 2001, pursuant to the Agreement and Plan of Merger
(the "Merger Agreement"), dated as of August 31, 2001, among Santa Fe
International Corporation, a company incorporated under the laws of the Cayman
Islands ("Santa Fe"), Silver Sub, Inc., a Delaware corporation and a wholly
owned subsidiary of Santa Fe ("Sub"), Gold Merger Sub, Inc., a Delaware
corporation Sub and a wholly owned subsidiary of Sub, and Global Marine Inc., a
Delaware corporation ("Global"), Merger Sub merged (the "Merger") with an into
Global. In connection with the Merger, Santa Fe was renamed GlobalSantaFe
Corporation (referred to herein after the Merger as "GlobalSantaFe"). At the
effective time of the Merger, (i) each issued and outstanding share of common
stock, par value $0.10 per share, of Global (the "Global Common Stock"), was
converted into the right to receive 0.665 ordinary shares, par value $0.01 per
share, of Santa Fe (the "GlobalSantaFe Ordinary Shares"), (ii) each issued and
outstanding share of common stock of Merger Sub was converted into one share of
common stock of Global, as the surviving corporation and (iii) Global became a
wholly owned subsidiary of Santa Fe. Approximately 118 million GlobalSantaFe
Ordinary Shares are being issued in the Merger in exchange for Global Common
Stock. Pursuant to the Merger Agreement, effective upon the Merger, seven
designees of Global's pre-Merger board of directors became directors of
GlobalSantaFe, which now has a total 14 directors.

           On November 20, 2001, GlobalSantaFe issued a press release announcing
the completion of the Merger and the composition of its board of directors
effective upon the Merger. The press release is attached as Exhibit 99.1 to this
Current Report on 8-K and is incorporated herein by reference.

           As a result of the Merger, Global's Zero Coupon Convertible
Debentures Due June 23, 2020 (the "Debentures") are convertible into
GlobalSantaFe Ordinary Shares at the rate of 8.125103 GlobalSantaFe Ordinary
Shares per $1,000 principal amount at maturity of Debentures. The Debentures
continue to be the debt obligations solely of Global.

           The description of the Merger Agreement set forth herein does not
purport to be complete and is qualified in its entirety by the provisions of the
Merger Agreement, which is filed or incorporated by reference as an exhibit
hereto and is incorporated herein by reference.

ITEM 7.    FINANCIAL STATEMENTS AND EXHIBITS

     (c)   Exhibits.

     *2.1  Agreement and Plan of Merger, dated as of August 31, 2001, among
           Santa Fe International Corporation, Silver Sub, Inc., Gold Merger
           Sub, Inc. and Global Marine Inc. (incorporated by reference from
           Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed
           September 4, 2001).

     99.1  Press Release of GlobalSantaFe Corporation, dated  November 20, 2001.

     * incorporated by reference as indicated.


                                   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 hereunto duly authorized.

                                      GLOBAL MARINE INC.



                                      By: /s/ Alexander A. Krezel
                                         ---------------------------

                                         Alexander A. Krezel
                                         Vice President, Corporate Secretary and
                                          Assistant General Counsel

Date: November 20, 2001

EX-99.1

                                                                    EXHIBIT 99.1


FOR IMMEDIATE RELEASE

           GLOBAL MARINE INC. AND SANTA FE INTERNATIONAL CORPORATION
                           COMPLETE MERGER OF EQUALS


HOUSTON, November 20, 2001 - Houston-based GlobalSantaFe Corporation (NYSE:GSF)
today announced that Global Marine Inc. and Santa Fe International Corporation
completed their merger of equals.  The ordinary shares of GlobalSantaFe will
begin trading on the New York Stock Exchange on November 21, 2001, under the
symbol "GSF."

Global Marine and Santa Fe International shareholders approved the merger during
separate shareholder meetings held earlier today.  Under the terms of the merger
agreement each share of Global Marine common stock was converted into 0.665 of
an ordinary share of GlobalSantaFe. Santa Fe International ordinary shares will
trade as GlobalSantaFe ordinary shares.  The combined company will have
approximately 233 million shares outstanding.

"This merger of two great companies creates the world's premier drilling
contractor," GlobalSantaFe chairman, Robert E. "Bob" Rose, said.  "With a focus
on providing a full spectrum of premium equipment and services, GlobalSantaFe
has the size and reach to serve the world's largest oil and gas companies in
every key offshore drilling region."

C. Stedman "Sted" Garber, GlobalSantaFe president and chief executive officer,
said, "This combination speaks to the future. Meeting the challenges of our
marketplace requires a company that can embrace the changing needs of our
customers as well as maintain the financial strength necessary to operate
effectively through volatile business cycles.  What will not change, however, is
our commitment to safety, the environment, ethics and customer service."

                                    - more -


Global Marine Inc. and Santa Fe International Complete Merger
Page Two
- --------------------------------------------------------------------------------


GlobalSantaFe's fourteen-member board of directors includes seven directors from
Global Marine's previous board and seven directors from Santa Fe International's
previous board.   In addition to Rose and Garber, the other directors are
Ferdinand A. Berger, Thomas W. Cason, Richard L. George, Khaled R. Al-Haroon, C.
Russell Luigs, Edward R. Muller, Paul J. Powers, Maha A. R. Razzuqi, Stephen J.
Solarz, Carroll W. Suggs, Nader H. Sultan and John L. Whitmire.

The senior management of GlobalSantaFe includes Rose, Garber, Jon A. Marshall as
executive vice president and chief operating officer; Seals M. McCarty as
executive vice president of finance and administration; Joe E. Boyd as senior
vice president of human resources and corporate affairs; Roger B. Hunt as senior
vice president of marketing; James L. McCulloch as senior vice president,
general counsel and secretary; W. Matt Ralls as senior vice president and chief
financial officer; and Marion M. Woolie as senior vice president of operations.
The GlobalSantaFe board will appoint additional officers at its scheduled
December 5, 2001, meeting.

ABOUT GLOBALSANTAFE

GlobalSantaFe is a leading international offshore drilling contractor offering a
full spectrum of premium equipment and drilling management services.  The
company's diverse and technologically advanced fleet of 59 offshore rigs
includes premium and heavy-duty, harsh-environment jackups; semisubmersibles;
and dynamically positioned, ultra-deepwater drillships.  Additionally, the
company has two rigs currently under construction and two more on order.  The
company also has 31 land rigs and is the world's leading provider of turnkey
drilling and drilling management services.

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CONTACT INFORMATION

Investors:  Richard Hoffman (972) 701-7950 or Michelle Appleby  (972) 701-7524
Media:      Stephanie Price (281) 596-5816