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| Transocean Ltd. Affiliates File Limitation of Liability PetitionZUG, SWITZERLAND – May 13, 2010 – Transocean Ltd. (NYSE: RIG) (SIX:RIGN) today announced that, at the instruction of its insurers and in order to preserve insurance coverage, several of its affiliated companies have filed a petition in U.S. District Court for the Southern District of Texas, in Houston, under the federal Limitation of Shipowner’s Liability Act in connection with the recent Deepwater Horizon casualty. |
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| Transocean Ltd. Provides Deepwater Horizon Update ZUG, SWITZERLAND, April 26, 2010 — Transocean Ltd. (NYSE: RIG), (SIX: RIGN), today provided the following update on the Deepwater Horizon and the company’s role in supporting BP Exploration & Production, Inc. and the Unified Area Command in stemming the flow of hydrocarbons from the well. |
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| Statement of Transocean Ltd. CEO Steven Newman Following U.S. Coast Guard AnnouncementZUG, SWITZERLAND, April 23, 2010 — Following the suspension of U.S. Coast Guard search-and-rescue efforts to find 11 missing persons in the U.S. Gulf of Mexico, Steven L. Newman, President and Chief Executive Officer of Transocean Ltd. (NYSE: RIG) (SIX: RIGN), on the ground in New Orleans, expressed his deepest sympathies on behalf of the company to the family members of those lost. |
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| Transocean Ltd. Provides Update on Semisubmersible Drilling Rig Deepwater HorizonZUG, SWITZERLAND, April 22, 2010 — Transocean Ltd. (NYSE: RIG) (SIX: RIGN) provided an update today regarding a fire and explosion onboard its semisubmersible drilling rig Deepwater Horizon. The incident occurred April 20, 2010, at approximately 10 p.m. central time in the United States Gulf of Mexico. The rig was located approximately 41 miles offshore Louisiana on Mississippi Canyon block 252. |
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| Transocean Ltd. Reports Fire on Semisubmersible Drilling Rig Deepwater HorizonZUG, SWITZERLAND, April 21, 2010 —Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today reported a fire onboard its semisubmersible drilling rig Deepwater Horizon. The incident occurred April 20, 2010, at approximately 10:00 p.m. central time in the United States Gulf of Mexico. The rig was located approximately 41 miles offshore Louisiana on Mississippi Canyon block 252. |
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