<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM GLOBAL INDUSTRIES, LTD.'S FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH 10-Q. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> SEP-30-2000 <CASH> 20,859 <SECURITIES> 0 <RECEIVABLES> 115,417 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 185,228 <PP&E> 530,002 <DEPRECIATION> 0 <TOTAL-ASSETS> 779,650 <CURRENT-LIABILITIES> 92,416 <BONDS> 266,280 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 936 <OTHER-SE> 387,911 <TOTAL-LIABILITY-AND-EQUITY> 779,650 <SALES> 0 <TOTAL-REVENUES> 226,081 <CGS> 0 <TOTAL-COSTS> 200,565 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 16,839 <INCOME-PRETAX> (13,551) <INCOME-TAX> (1,355) <INCOME-CONTINUING> (12,196) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 783 <NET-INCOME> (12,979) <EPS-BASIC> (0.14) <EPS-DILUTED> (0.14)