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Transocean Ltd. to Present at Howard Weil Energy Conference

March 22, 2012

ZUG, SWITZERLAND, Mar 22, 2012 (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 26,2012, at 9:40 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 26,2012, and will be accessible at www.deepwater.com. Go to the\"Investor Relations\" link, select \"News & Events\" and then select\"Presentations.\" Howard Weil conference organizers are not offering awebcast or replay of this presentation.

About Transocean

Transocean is a leading international provider of offshore contractdrilling services for oil and gas wells. Transocean owns or haspartial ownership interests in and operates a fleet of 132 mobileoffshore drilling units consisting of 50 High-Specification Floaters(Ultra-Deepwater, Deepwater and Harsh-Environment semisubmersiblesand drillships), 25 Midwater Floaters, nine High-SpecificationJackups, 47 Standard Jackups and one swamp barge. In addition, wehave two Ultra-Deepwater Drillships and four High-SpecificationJackups under construction. Transocean specializes in technicallydemanding sectors of the global offshore drilling business with aparticular focus on deepwater and harsh environment drillingservices. We believe we operate one of the most versatile offshoredrilling fleets in the world.

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

SOURCE: Transocean Ltd.