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Final Report of National Commission on BP Deepwater Horizon Oil Spill\r and Offshore Drilling Issued

January 11, 2011

ZUG, SWITZERLAND, Jan 11, 2011 (MARKETWIRE via COMTEX) --

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that theU.S. National Commission on the BP Deepwater Horizon Oil Spill andOffshore Drilling (the \"Commission\") released its final report andrecommendations today. The report is available on the Commission'swebsite at http://www.oilspillcommission.gov.

About Transocean

Transocean is the world's largest offshore drilling contractor andthe leading provider of drilling management services worldwide. Witha fleet of 139 mobile offshore drilling units as well as twoultra-deepwater newbuild drillships and a high-specification jackupunder construction, Transocean's fleet is considered one of the mostmodern and versatile in the world due to its emphasis on technicallydemanding segments of the offshore drilling business. Transocean ownsor operates a contract drilling fleet of 46 High-SpecificationFloaters (Ultra-Deepwater, Deepwater and Harsh-Environmentsemisubmersibles and drillships), 25 Midwater Floaters, 10High-Specification Jackups, 55 Standard Jackups and other assetsutilized in the support of offshore drilling activities worldwide.

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

SOURCE: Transocean Ltd.