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Press release from Marketwire

Transocean Ltd. to Present at Howard Weil Energy Conference

Thursday, March 17, 2011

Transocean Ltd. to Present at Howard Weil Energy Conference16:15 EDT Thursday, March 17, 2011ZUG, SWITZERLAND--(Marketwire - March 17, 2011) - Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that Steven L. Newman, President and Chief Executive Officer of the company, will address attendees at the Howard Weil Energy Conference in New Orleans, LA. Mr. Newman is scheduled to present on Monday, March 28, 2011 at 9:15 a.m., CT.A copy of the presentation materials will be available on the company's web site prior to the start of the discussion on March 28, 2011 and will be accessible at www.deepwater.com. Go to the "Investor Relations" link, select "News & Events" and then select "Presentations." Howard Weil conference organizers are not offering a webcast or replay of this presentation.Transocean is the world's largest offshore drilling contractor and the leading provider of drilling management services worldwide. With a fleet of 138 mobile offshore drilling units as well as one ultra-deepwater newbuild drillship and three high-specification jackups under construction, Transocean's fleet is considered one of the most modern and versatile in the world due to its emphasis on technically demanding segments of the offshore drilling business. Transocean owns or operates a contract drilling fleet of 47 High-Specification Floaters (Ultra-Deepwater, Deepwater and Harsh-Environment semisubmersibles and drillships), 25 Midwater Floaters, nine High-Specification Jackups, 54 Standard Jackups and other assets utilized in the support of offshore drilling activities worldwide.For more information about Transocean, please visit our website at www.deepwater.com.FOR FURTHER INFORMATION PLEASE CONTACT: Gregory S. PanagosAnalyst Contact:+1 713-232-7551ORGuy A. CantwellMedia Contact:+1 713-232-7647