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Transocean Ltd. to Present at Howard Weil Energy Conference

March 17, 2011

ZUG, SWITZERLAND, Mar 17, 2011 (MARKETWIRE via COMTEX) --

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that StevenL. Newman, President and Chief Executive Officer of the company, willaddress attendees at the Howard Weil Energy Conference in NewOrleans, LA. Mr. Newman is scheduled to present on Monday, March 28,2011 at 9:15 a.m., CT.

A copy of the presentation materials will be available on thecompany's web site prior to the start of the discussion on March 28,2011 and will be accessible at www.deepwater.com. Go to the \"InvestorRelations\" link, select \"News & Events\" and then select\"Presentations.\" Howard Weil conference organizers are not offering awebcast or replay of this presentation.

Transocean is the world's largest offshore drilling contractor andthe leading provider of drilling management services worldwide. Witha fleet of 138 mobile offshore drilling units as well as oneultra-deepwater newbuild drillship and three high-specificationjackups under construction, Transocean's fleet is considered one ofthe most modern and versatile in the world due to its emphasis ontechnically demanding segments of the offshore drilling business.Transocean owns or operates a contract drilling fleet of 47High-Specification Floaters (Ultra-Deepwater, Deepwater andHarsh-Environment semisubmersibles and drillships), 25 MidwaterFloaters, nine High-Specification Jackups, 54 Standard Jackups andother assets utilized in the support of offshore drilling activitiesworldwide.

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

SOURCE: Transocean Ltd.