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Transocean Ltd. Announces First Quarter 2012 Earnings Release Date\r and Conference Call Information

April 18, 2012

ZUG, SWITZERLAND, Apr 18, 2012 (MARKETWIRE via COMTEX) --Transocean Ltd. (NYSE: RIG) (SIX: RIGN) said it plans to reportearnings for the three months ended March 31, 2012, on the afternoonof Wednesday, May 2, 2012, following the close of trading on theNYSE.

The company will conduct a teleconference call at 10:00 a.m. EDT(4:00 p.m. CEST) on Thursday, May 3, 2012. Individuals who wish toparticipate in the teleconference call should dial +1 800-768-6563 or+1 785-830-7991 and refer to confirmation code 9219164 approximatelyfive to 10 minutes prior to the scheduled start time of the call.

In addition, the conference call will be simulcast through alisten-only broadcast over the Internet and can be accessed bylogging onto the company's website address at www.deepwater.com andselecting \"Investor Relations.\" It may also be accessed atwww.CompanyBoardroom.com by typing in the company's NYSE tradingsymbol, \"RIG.\"

A telephonic replay of the conference call should be available after1:00 p.m. EDT (7:00 p.m. CEST) on May 3, 2012, and can be accessed bydialing +1 719-457-0820 or +1 888-203-1112 and referring to thepasscode 9219164. Also, a replay will be available through theInternet and can be accessed by visiting either of theabove-referenced website addresses. Both replay options will beavailable for approximately 30 days.

About Transocean

Transocean is a leading international provider of offshore contractdrilling services for oil and gas wells. We own or have partialownership interests in and operate a fleet of 129 mobile offshoredrilling units consisting of 50 High-Specification Floaters(Ultra-Deepwater, Deepwater and Harsh-Environment semisubmersiblesand drillships), 25 Midwater Floaters, nine High-SpecificationJackups, 44 Standard Jackups and one swamp barge. In addition, wehave two Ultra-Deepwater Drillships and four High-SpecificationJackups under construction. The company specializes in technicallydemanding sectors of the global offshore drilling business with aparticular focus on deepwater and harsh environment drillingservices. We believe our mobile offshore drilling fleet is one of themost versatile fleets in the world.

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

SOURCE: Transocean Ltd.