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Transocean Ltd. to Present At the Barclays Capital CEO Energy/Power Conference

September 2, 2009

ZUG, Switzerland, Sept. 2, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today announced that Robert L. Long, Chief Executive Officer of the company, will address attendees at the Barclays Capital CEO Energy/Power Conference in New York, NY. Mr. Long is scheduled to present on Thursday, September 10, 2009, at 11:05 a.m., ET.

A live broadcast of the presentation and a replay will be publicly accessible through the company's web site at www.deepwater.com. Go to the "Investor Relations" link and select "Presentations," followed by "Webcasts & Presentations." Participants are encouraged to log onto the site at least 15 minutes before the scheduled start of the presentation to ensure that minimum software requirements are met.

Transocean Ltd. is the world's largest offshore drilling contractor and the leading provider of drilling management services worldwide. With a fleet of 135 mobile offshore drilling units plus eight announced ultra-deepwater newbuild units, the company's fleet 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 owns or operates a contract drilling fleet of 41 High-Specification Floaters (Ultra-Deepwater, Deepwater and Harsh-Environment semisubmersibles and drillships), 26 Midwater Floaters, 10 High-Specification Jackups, 55 Standard Jackups and other assets utilized in the support of offshore drilling activities worldwide.

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

CONTACT:  Transocean Ltd.
          Analyst Contact:
          Gregory S. Panagos
            +1 713-232-7551
          Media Contact:
          Guy A. Cantwell
            +1 713-232-7647