Switzerland: Transocean Ltd. Provides Fleet Update Summary

Transocean Ltd.  issued a monthly Fleet Update Summary covering only newly signed contracts, significant changes to existing contracts and changes to estimated out of service time of 30 days or more for High-Specification Floaters or 60 days or more for all other rigs since the last quarterly Fleet Status Report dated October 14, 2010.

The summaries and the Fleet Status Report, which covers the company’s entire offshore drilling fleet, are available through the company’s Web address at www.deepwater.com and can be accessed from the home page of the Web address by clicking on the Fleet Update Report link found in the tool bar.

Transocean Ltd. is the world’s largest offshore drilling contractor and the leading provider of drilling management services worldwide. With a fleet of 139 mobile offshore drilling units and three ultra-deepwater drillships and one high-specification jackup 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 45 High-Specification Floaters (Ultra-Deepwater, Deepwater and Harsh Environment semisubmersibles and drillships), 26 Midwater Floaters, 10 High-Specification Jackups, 55 Standard Jackups and other assets utilized in the support of offshore drilling activities worldwide.

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Source: Transocean, November 17, 2010: