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Transocean Inc. Announces Third Quarter 2007 Earnings Release Date and Conference Call Information

October 11, 2007
HOUSTON, Oct 11, 2007 (PrimeNewswire via COMTEX News Network) -- Transocean Inc. (NYSE:RIG) today said it plans to report earnings for the three months ended September 30, 2007 on the morning of Wednesday, October 31, 2007. Following the earnings report, expected to be released prior to the commencement of trading in the United States, the company will conduct a teleconference call at 10:00 a.m. Eastern DST on October 31. Individuals who wish to participate in the teleconference call should dial 913-981-5542 and refer to confirmation code 1852427 approximately five to 10 minutes prior to the scheduled start time of the call.

In addition, the conference call will be simulcast through a listen-only broadcast over the Internet and can be accessed by logging onto the company's Worldwide Web address at www.deepwater.com. Go to the "Investor Relations" link, select "News & Events" and then select "Webcasts & Presentations." It may also be accessed via the Worldwide Web at www.CompanyBoardroom.com by typing in the company's New York Stock Exchange trading symbol, "RIG."

A telephonic replay of the conference call should be available after 1:00 p.m. Eastern DST on October 31, and can be accessed by dialing 719-457-0820 and referring to the passcode 1852427. Also, a replay will be available through the Internet and can be accessed by visiting either of the above-referenced Worldwide Web addresses. Both replay options will be available for approximately 30 days.

Transocean Inc. is the world's largest offshore drilling contractor with a fleet of 82 mobile offshore drilling units. The company's mobile offshore drilling fleet, consisting of a large number of high-specification deepwater and harsh environment drilling units, is considered one of the most modern and versatile in the world due to its emphasis on technically demanding segments of the offshore drilling business. The company's fleet consists of 34 High-Specification Floaters (semisubmersibles and drillships), 19 Other Floaters, 25 Jackups and other assets utilized in the support of offshore drilling activities worldwide. With a current equity market capitalization in excess of $33 billion, Transocean Inc.'s ordinary shares are traded on the New York Stock Exchange under the symbol "RIG."

The Transocean Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2252

This news release was distributed by PrimeNewswire, www.primenewswire.com

SOURCE: Transocean Inc.

Transocean Inc.
Analyst Contact:
Gregory S. Panagos
713-232-7551
Media Contact:
Guy A. Cantwell
713-232-7647