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Transocean Ltd. Announces Fourth Quarter and Full Year 2013 Earnings Release Date And Conference Call Information

February 13, 2014

ZUG, SWITZERLAND-February 13, 2014-Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced that it will report earnings for the three and twelve months ended December 31, 2013 on Wednesday, February 26, 2014 following the close of trading on the NYSE.

The company will conduct a teleconference call at 10:00 a.m. EST, 4:00 p.m. CET, on Thursday, February 27, 2014 to discuss the results.  Individuals who wish to participate in the teleconference should dial +1 913-312-1489 and refer to confirmation code 9752275 approximately five to 10 minutes prior to the scheduled start time.

In addition, the teleconference will be simulcast in a listen-only mode over the Internet and can be accessed by logging onto the company's website at www.deepwater.com and selecting "Investor Relations/Overview." It may also be accessed at www.CompanyBoardroom.com by typing in the company's NYSE trading symbol, "RIG."

A telephonic replay of the conference call will be available after 1:00 p.m. EST, 7:00 p.m. CET, on February 27, 2014, and can be accessed by dialing +1 719-457-0820 and referring to the confirmation code 9752275.  Also, a replay will be available by visiting either of the aforementioned website addresses. The archived call will be available for approximately 30 days.

About Transocean

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world. 

Transocean owns or has partial ownership interests in, and operates a fleet of, 79 mobile offshore drilling units consisting of 46 high-specification floaters (ultra-deepwater, deepwater and harsh environment drilling rigs), 22 midwater floaters and 11 high-specification jackups. In addition, the company has seven ultra-deepwater drillships and five high-specification jackups under construction.

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

Analyst Contacts:

Thad Vayda

+1 713-232-7551

Diane Vento

+1 713-232-8015

Media Contact:

Guy A. Cantwell

+1 713-232-7647