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) July 7,1997 (July 7, 1997)



                        GLOBAL MARINE INC.
   
__________________________________________________________________
        (Exact name or registrant as specified in charter)



       Delaware               1-5471             95-1849298
 _________________________   _____________    __________________
(State or other jurisdiction  (Commission     (IRS employer
   of incorporation)          file number)    identification no.)



  777 N. Eldridge Parkway, Houston, Texas            77079
 __________________________________________    __________________
  (Address of principal executive offices)         (Zip Code)




  Registrant's telephone number, including area code  (281) 596-5100

<PAGE>



The statements regarding future performance and results and the
other statements that are not historical facts contained in this
report are forward-looking statements.  The words "expect,"
"project," "estimate," "predict" and similar expressions are also
intended to identify forward-looking statements.  Such statements
involve risks and uncertainties, including, but not limited to, 
the uncertainties involved in dealing with other parties and the
risks that other parties' commitments to the Registrant and its
subsidiaries could unexpectedly be breached, the uncertainties
involved in litigation, particularly in foreign jurisdictions, and
the risks that the outcome of litigation could be other than as
expected, changes in the market for offshore drilling rigs and the
risks of doing business in changing markets, and other factors
discussed herein and in the Registrant's other Securities and
Exchange Commission filings.  Should one or more such risks or
uncertainties materialize, or should underlying assumptions prove
incorrect, actual outcomes may vary materially from those
indicated.


ITEM 5.  OTHER EVENTS.

On July 7, 1997, the Registrant announced that its wholly owned
subsidiary, Global Marine Drilling Company ("GMDC"), is acquiring
two additional deep-water offshore drilling rigs.  GMDC has agreed
to buy the Maersk Vinlander, a third-generation semisubmersible,
for $150 million and the Maersk Jutlander, also a third-generation
semisubmersible, for $100 million.

The Maersk Vinlander is an Aker H-3.2 design rig currently equipped
to drill in water depths to 1500 feet and capable of being upgraded
for operations in more than 3000 feet of water.  It was built in
Canada at the Saint John Shipyard in 1984, is certified for
operations in Canada, and is currently operating in the U.K. sector
of the North Sea.  The rig is currently under bareboat charter
through January 1998.

The Maersk Jutlander, a Friede & Goldman L-907 design rig built in
Gotaverken, Sweden, in 1982, is substantially similar to the
Registrant's Glomar Arctic I and Glomar Arctic III
semisubmersibles.  It is currently equipped to drill in water
depths to 1200 feet and is capable of being upgraded for operations
in more than 3000 feet of water.  The Jutlander is currently
operating in the Norwegian sector of the North Sea and is also
certified for operations in the U.K. sector.  Concurrent with the
purchase, the seller will enter into a bareboat charter with GMDC
and continue using the rig to complete previous drilling
commitments offshore Norway, paying GMDC $71 million over 3-1/2
years.

An injunction had been granted in an English court delaying the
sale of the Maersk Vinlander based on a third party's allegation
that the seller had granted it a right of first refusal, but the
injunction has been lifted.  The third-party plaintiff, however,
has not withdrawn its underlying suit against GMDC for tortious
interference, which is not expected to come to trial until 1999 at
the earliest.  In that suit the plaintiff seeks monetary damages
and an order requiring that GMDC retransfer the Maersk Vinlander to
the plaintiff.  The Registrant believes the plaintiff's suit to be
without merit and expects the matter to be resolved in GMDC's
favor.

<PAGE>

No downtime for modification of either the Maersk Vinlander or the
Maersk Jutlander is anticipated in the near term.

The purchase of the Maersk Vinlander and the Maersk Jutlander will
be funded from the Registrant's Credit Agreement dated February 12,
1997, with various lending institutions, Bankers Trust Company as
Administrative Agent, and Societe Generale as Co-Agent (the "Credit
Agreement"), plus cash on hand.  In order to facilitate the
purchase, the Registrant intends to enter into an amendment to the
Credit Agreement increasing the credit available thereunder from
$100 million to $250 million.

The Registrant also announced that GMDC has received three drilling
commitments with a combined term of approximately nine months for
the Glomar Arctic III, GMDC's U.K.-based semisubmersible.  These
contracts are expected to commence in the fourth quarter of 1997
and, together with the rig's current contract, are expected to
generate approximately $61 million of revenue over the next 13
months.


ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.

(c)  Exhibits

     99.1 Memorandum of Agreement dated July 1, 1997, between Live
          Oak Company Limited as seller and Global Marine Drilling
          Company as buyer pertaining to the sale of the
          semisubmersible drilling rig "Maersk Vinlander."

     99.2 Memorandum of Agreement dated July 1, 1997, between a
          partnership between Aktieselskabet Dampskibsselskabet
          Svendborg and Dampskibsselskabet af 1912, Aktieselskab as
          seller and Global Marine Drilling Company as buyer
          pertaining to the sale of the semisubmersible drilling
          rig "Maersk Jutlander."


                            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.


                         GLOBAL MARINE INC.



Date: July 7, 1997            By:  /s/Thomas R. Johnson         
            
                                   Thomas R. Johnson
                                   Vice President
                                   and Corporate Controller
[{"type": "8-K", "sequence": "1", "description": "PURCHASE OF TWO DRILLING RIGS", "secsgml_size_bytes": 6581}]
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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) July 7,1997 (July 7, 1997)

                        GLOBAL MARINE INC.
   
__________________________________________________________________
        (Exact name or registrant as specified in charter)

       Delaware               1-5471             95-1849298
 _________________________   _____________    __________________
(State or other jurisdiction  (Commission     (IRS employer
   of incorporation)          file number)    identification no.)

  777 N. Eldridge Parkway, Houston, Texas            77079
 __________________________________________    __________________
  (Address of principal executive offices)         (Zip Code)

  Registrant's telephone number, including area code  (281) 596-5100
The statements regarding future performance and results and the
other statements that are not historical facts contained in this
report are forward-looking statements.  The words "expect,"
"project," "estimate," "predict" and similar expressions are also
intended to identify forward-looking statements.  Such statements
involve risks and uncertainties, including, but not limited to, 
the uncertainties involved in dealing with other parties and the
risks that other parties' commitments to the Registrant and its
subsidiaries could unexpectedly be breached, the uncertainties
involved in litigation, particularly in foreign jurisdictions, and
the risks that the outcome of litigation could be other than as
expected, changes in the market for offshore drilling rigs and the
risks of doing business in changing markets, and other factors
discussed herein and in the Registrant's other Securities and
Exchange Commission filings.  Should one or more such risks or
uncertainties materialize, or should underlying assumptions prove
incorrect, actual outcomes may vary materially from those
indicated.

ITEM 5.  OTHER EVENTS.

On July 7, 1997, the Registrant announced that its wholly owned
subsidiary, Global Marine Drilling Company ("GMDC"), is acquiring
two additional deep-water offshore drilling rigs.  GMDC has agreed
to buy the Maersk Vinlander, a third-generation semisubmersible,
for $150 million and the Maersk Jutlander, also a third-generation
semisubmersible, for $100 million.

The Maersk Vinlander is an Aker H-3.2 design rig currently equipped
to drill in water depths to 1500 feet and capable of being upgraded
for operations in more than 3000 feet of water.  It was built in
Canada at the Saint John Shipyard in 1984, is certified for
operations in Canada, and is currently operating in the U.K. sector
of the North Sea.  The rig is currently under bareboat charter
through January 1998.

The Maersk Jutlander, a Friede & Goldman L-907 design rig built in
Gotaverken, Sweden, in 1982, is substantially similar to the
Registrant's Glomar Arctic I and Glomar Arctic III
semisubmersibles.  It is currently equipped to drill in water
depths to 1200 feet and is capable of being upgraded for operations
in more than 3000 feet of water.  The Jutlander is currently
operating in the Norwegian sector of the North Sea and is also
certified for operations in the U.K. sector.  Concurrent with the
purchase, the seller will enter into a bareboat charter with GMDC
and continue using the rig to complete previous drilling
commitments offshore Norway, paying GMDC $71 million over 3-1/2
years.

An injunction had been granted in an English court delaying the
sale of the Maersk Vinlander based on a third party's allegation
that the seller had granted it a right of first refusal, but the
injunction has been lifted.  The third-party plaintiff, however,
has not withdrawn its underlying suit against GMDC for tortious
interference, which is not expected to come to trial until 1999 at
the earliest.  In that suit the plaintiff seeks monetary damages
and an order requiring that GMDC retransfer the Maersk Vinlander to
the plaintiff.  The Registrant believes the plaintiff's suit to be
without merit and expects the matter to be resolved in GMDC's
favor.
No downtime for modification of either the Maersk Vinlander or the
Maersk Jutlander is anticipated in the near term.

The purchase of the Maersk Vinlander and the Maersk Jutlander will
be funded from the Registrant's Credit Agreement dated February 12,
1997, with various lending institutions, Bankers Trust Company as
Administrative Agent, and Societe Generale as Co-Agent (the "Credit
Agreement"), plus cash on hand.  In order to facilitate the
purchase, the Registrant intends to enter into an amendment to the
Credit Agreement increasing the credit available thereunder from
$100 million to $250 million.

The Registrant also announced that GMDC has received three drilling
commitments with a combined term of approximately nine months for
the Glomar Arctic III, GMDC's U.K.-based semisubmersible.  These
contracts are expected to commence in the fourth quarter of 1997
and, together with the rig's current contract, are expected to
generate approximately $61 million of revenue over the next 13
months.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.

(c)  Exhibits

     99.1 Memorandum of Agreement dated July 1, 1997, between Live
          Oak Company Limited as seller and Global Marine Drilling
          Company as buyer pertaining to the sale of the
          semisubmersible drilling rig "Maersk Vinlander."

     99.2 Memorandum of Agreement dated July 1, 1997, between a
          partnership between Aktieselskabet Dampskibsselskabet
          Svendborg and Dampskibsselskabet af 1912, Aktieselskab as
          seller and Global Marine Drilling Company as buyer
          pertaining to the sale of the semisubmersible drilling
          rig "Maersk Jutlander."

                            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.

                         GLOBAL MARINE INC.

Date: July 7, 1997            By:  /s/Thomas R. Johnson         
            
                                   Thomas R. Johnson
                                   Vice President
                                   and Corporate Controller