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Transocean Inc. to Present at Banc of America Securities 2005 Energy Conference

November 11, 2005

HOUSTON--(BUSINESS WIRE)--Nov. 11, 2005--Transocean Inc.(NYSE:RIG) today announced that Steven L. Newman, Sr. Vice Presidentof the company, will address attendees at the Banc of AmericaSecurities 2005 Energy Conference in Boca Raton, FL. Mr. Newman isscheduled to present on Monday, November 14, 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 92 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, 25 Jackup Rigs and other assets utilized in thesupport of offshore drilling activities worldwide. With a currentequity market capitalization in excess of $19 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.