Transocean Ltd. Shares Begin Trading on SIX Swiss Exchange
ZUG, SWITZERLAND, Apr 20, 2010 (MARKETWIRE via COMTEX) --Transocean Ltd. (NYSE: RIG) (SIX: RIGN), the world's largestoffshore drilling contractor, announced that its shares will begintrading on SIX Swiss Exchange (\"SIX\") today under the symbol (RIGN).Transocean's shares also trade on the New York Stock Exchange underthe symbol (RIG).
\"With our company headquarters located in Switzerland since late2008, we believe the listing of Transocean's shares on SIX is anexcellent way to increase interest in Transocean among Swiss andEuropean investors and re-affirm our presence as a Swiss company,\"said Steven L. Newman, President and Chief Executive Officer ofTransocean Ltd.
With more than 50 years of offshore drilling experience and more than18,000 personnel worldwide, Transocean leases offshore drilling rigsand provides related drilling services to customers, includingnational, major and independent energy companies.
For the year 2009, Transocean Ltd. reported:
-- Operating revenues of approximately $11.6 billion,-- Net income attributable to controlling interest of approximately $3.2 billion, or $9.84 per diluted share,-- Net cash provided by operating activities of approximately $5.6 billion,-- Total assets of approximately $36.4 billion, and-- Total debt of approximately $11.7 billion.
Transocean is the world's largest offshore drilling contractor and theleading provider of drilling management services worldwide. With afleet of 140 mobile offshore drilling units plus threeultra-deepwater units under construction, the company's fleet isconsidered one of the most modern and versatile in the world due toits emphasis on technically demanding segments of the offshoredrilling business. Its worldwide fleet is more than twice the size ofthe next-largest competitor. The company owns or operates a contractdrilling fleet of 46 High-Specification Floaters (Ultra-Deepwater,Deepwater and Harsh-Environment semisubmersibles and drillships), 26Midwater Floaters, 10 High-Specification Jackups, 55 Standard Jackupsand other assets utilized in the support of offshore drillingactivities worldwide.
For more information about Transocean, please visit our website atwww.deepwater.com. Among the documents posted on our website is theTransocean Ltd. Proxy Statement and 2009 Annual Report.
SOURCE: Transocean Ltd.