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Transocean Ltd. Provides Update on Participation in RBC Capital Markets Global Energy & Power Conference

June 7, 2010

ZUG, SWITZERLAND, Jun 07, 2010 (MARKETWIRE via COMTEX) --Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that Ricardo H. Rosa, Senior Vice President and Chief Financial Officer of the company, will participate in a question-and-answer session at the RBC Capital Markets Global Energy & Power Conference in New York, NY, on Tuesday, June 8, 2010 at 8:30 a.m. ET. The session will be open to conference participants.

Transocean Ltd. is the world's largest offshore drilling contractor and the leading provider of drilling management services worldwide. With a fleet of 139 mobile offshore drilling units plus three ultra-deepwater units under construction, Transocean'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. Transocean owns or operates a contract drilling fleet of 45 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.

For more information about Transocean, please visit our website at www.deepwater.com.

SOURCE: Transocean Ltd.