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Press release from Marketwire

Transocean Ltd. Announces Second Quarter 2012 Earnings Release Date and Conference Call Information

Wednesday, July 18, 2012

Transocean Ltd. Announces Second Quarter 2012 Earnings Release Date and Conference Call Information16:20 EDT Wednesday, July 18, 2012ZUG, SWITZERLAND--(Marketwire - July 18, 2012) - Transocean Ltd. (NYSE: RIG) (SIX: RIGN) said it plans to report earnings for the three months ended June 30, 2012, on the afternoon of Wednesday, August 1, 2012, following the close of trading on the NYSE.The company will conduct a teleconference call at 10:00 a.m. EDT (4:00 p.m. CEST) on Thursday, August 2, 2012. Individuals who wish to participate in the teleconference call should dial +1 719-325-4929 and refer to confirmation code 4582389 approximately five to 10 minutes prior to the scheduled start time of the call.In addition, the conference call will be simulcast through a listen-only broadcast over the Internet and can be accessed by logging onto the company's website address at www.deepwater.com and selecting "Investor Relations." It may also be accessed at www.CompanyBoardroom.com by typing in the company's NYSE trading symbol, "RIG."A telephonic replay of the conference call should be available after 1:00 p.m. EDT (7:00 p.m. CEST) on August 2, 2012, and can be accessed by dialing +1 719-457-0820 or +1 888-203-1112 and referring to the passcode 4582389. Also, a replay will be available through the Internet and can be accessed by visiting either of the above-referenced website addresses. Both replay options will be available for approximately 30 days.About Transocean</b>Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. We own or have partial ownership interests in and operate a fleet of 129 mobile offshore drilling units consisting of 50 High-Specification Floaters (Ultra-Deepwater, Deepwater and Harsh-Environment semisubmersibles and drillships), 25 Midwater Floaters, 10 High-Specification Jackups, 43 Standard Jackups and one swamp barge. In addition, we have two Ultra-Deepwater Drillships and three High-Specification Jackups under construction. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world.For more information about Transocean, please visit our website at www.deepwater.com.FOR FURTHER INFORMATION PLEASE CONTACT: Thad VaydaAnalyst Contacts:+1 713-232-7551OR+1 713-232-8015Diane VentoORGuy A. CantwellMedia Contact:+1 713-232-7647