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Transocean Inc. to Present at A.G. Edwards Energy Conference

March 18, 2004

HOUSTON--(BUSINESS WIRE)--March 18, 2004--Transocean Inc.(NYSE:RIG) announced that Jean P. Cahuzac, Executive Vice Presidentand Chief Operating Officer of the company, will address attendees atthe A.G. Edwards Energy Conference in Boston, MA. Mr. Cahuzac isscheduled to present on Tuesday, March 23, 2004, at 2:30 p.m., ET.

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 full or partial ownership in 96 mobile offshoredrilling units, excluding the 70-rig fleet of TODCO, a publicly-tradeddrilling company in which Transocean Inc. owns a majority interest.The company's mobile offshore drilling fleet is considered one of themost modern and versatile in the world due to its emphasis ontechnically demanding segments of the offshore drilling business,including industry-leading positions in high-specification deepwaterand harsh environment drilling units. The company's fleet consists of32 High-Specification Floaters (semisubmersibles and drillships), 26Other Floaters, 26 Jackup Rigs and other assets utilized in thesupport of offshore drilling activities worldwide. With a currentequity market capitalization in excess of $9 billion, TransoceanInc.'s ordinary shares are traded on the New York Stock Exchange underthe 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.