<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM GLOBAL
INDUSTRIES, LTD'S FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED JUNE 30, 1997
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH 10-Q.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               JUN-30-1997
<CASH>                                          51,156
<SECURITIES>                                         0
<RECEIVABLES>                                   57,800
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               136,147
<PP&E>                                         287,719
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 440,172
<CURRENT-LIABILITIES>                           54,886
<BONDS>                                         40,900
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           453
<OTHER-SE>                                     322,334
<TOTAL-LIABILITY-AND-EQUITY>                   440,172
<SALES>                                              0
<TOTAL-REVENUES>                                63,176
<CGS>                                                0
<TOTAL-COSTS>                                   42,337
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 130
<INCOME-PRETAX>                                 16,321
<INCOME-TAX>                                     6,202
<INCOME-CONTINUING>                             10,119
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    10,119
<EPS-PRIMARY>                                      .22
<EPS-DILUTED>                                        0