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

March 9, 2005

HOUSTON--(BUSINESS WIRE)--March 9, 2005--Transocean Inc.(NYSE:RIG) today announced that Robert L. Long, President and CEO ofthe company, will address attendees at the A.G. Edwards Global EnergyConference in Boston. Mr. Long is scheduled to present on Wednesday,March 16, 2005, at 8:00 a.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 a fleet of 93 mobile offshore drilling units. Thecompany's mobile offshore drilling fleet, consisting of a large numberof high-specification deepwater and harsh environment drilling units,is considered one of the most modern and versatile in the world due toits emphasis on technically demanding segments of the offshoredrilling business. The company's fleet consists of 32High-Specification Floaters (semisubmersibles and drillships), 24Other Floaters, 26 Jackup Rigs and other assets utilized in thesupport of offshore drilling activities worldwide. With a currentequity market capitalization in excess of $16 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.