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Transocean Inc. to Present at Banc of America Securities Energy and Power Conference

November 13, 2003

HOUSTON--(BUSINESS WIRE)--Nov. 13, 2003--Transocean Inc.(NYSE:RIG) announced that its President and Chief Executive Officer,Robert L. Long, will address attendees at the Banc of AmericaSecurities Conference in Lake Las Vegas, Nevada. Mr. Long is scheduledto present on Monday, November 17, 2003, at 8:45 a.m. PT.

A live broadcast of the presentation and a replay will be publiclyaccessible through the company's website at www.deepwater.com. Go tothe \"Investor Relations\" link and select \"Presentations.\" Participantsare encouraged to log onto the site at least 15 minutes before thescheduled start of the presentation to ensure that minimum softwarerequirements are met.

Transocean Inc. is the world's largest offshore drillingcontractor with more than 160 full or partially owned and managedmobile offshore drilling units, inland drilling barges and otherassets utilized in the support of offshore drilling activitiesworldwide. The company's mobile offshore drilling fleet is consideredone of the most modern and versatile in the world with 13fifth-generation semisubmersibles and drillships, 15 other deepwatersemisubmersibles and drillships, 31 mid-water semisubmersibles anddrillships and 50 jackup drilling rigs. Transocean Inc. specializes intechnically demanding segments of the offshore drilling business,including industry-leading positions in deepwater and harshenvironment drilling services. With a current equity marketcapitalization in excess of $6 billion, the company's ordinary sharesare traded on the New York Stock Exchange under the symbol \"RIG.\"

    CONTACT: Transocean Inc., Houston             Analyst Contact:             Jeffrey L. Chastain, 713-232-7551             or             Media Contact:             Guy A. Cantwell, 713-232-7647    SOURCE: Transocean Inc.