2009 Press Releases

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11/23/2009Transocean Ltd. Announces Rob Saltiel Named Executive Vice President and Chief Operating Officer
ZUG, Switzerland, Nov. 23, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today the following appointment within its senior management team, effective Dec. 1, 2009: Rob Saltiel, currently Executive Vice President, Performance, will become Executive Vice President and Chief Operating Officer. Steven Newman, currently President and Chief Operating Officer, will remain President until he becomes Chief Executive Officer in early 2010 when Bob Long plans to retire as CEO. ... 
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11/16/2009Transocean Ltd. Announces Ultra-Deepwater Drillship Discoverer Americas Begins Four-Year Drilling Contract
ZUG, Switzerland, Nov. 16, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that the newbuild ultra-deepwater drillship Discoverer Americas has commenced operations in the U.S. Gulf of Mexico for Statoil Gulf of Mexico, a subsidiary of Statoil ASA, under a four-year drilling contract. The dynamically positioned double-hulled Discoverer Americas is an enhanced version of Transocean's three predecessor Enterprise-class drillships, which have set deepwater drilling records... 
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11/04/2009Transocean Ltd. Reports Third Quarter 2009 Financial Results
ZUG, Switzerland--(BUSINESS WIRE)--Nov. 4, 2009-- Transocean Ltd. (NYSE:RIG) today reported net income attributable to controlling interest for the three months ended September 30, 2009 of $710 million, or $2.19 per diluted share, compared to net income attributable to controlling interest of $1.063 billion, or $3.30 per diluted share for the three months ended September 30, 2008. Revenues for the third quarter of 2009 were $2.823 billion compared to... 
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11/02/2009Transocean Ltd. Provides Fleet Update Summary
ZUG, Switzerland, Nov. 2, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today 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 60 days or more since our fleet status report dated October 8, 2009. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report," which is avail... 
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10/19/2009Transocean Ltd. Announces Ultra-Deepwater Drillship Petrobras 10000 Begins 10-Year Drilling Contract in Angola
ZUG, Switzerland, Oct 19, 2009 (GlobeNewswire via COMTEX) -- Transocean Ltd. (NYSE:RIG) announced today that the newbuild ultra-deepwater drillship Petrobras 10000 has commenced operations in Angola for a subsidiary of Petrobras under a 10-year drilling contract. Transocean has an agreement with the P&M Drilling International B.V. joint venture of Petrobras and Mitsui to acquire the rig under a 20-year capital lease contract. The Petrobras 10000 is one of 21 Ultra-Deepwater Floaters in the ... 
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10/08/2009Transocean Ltd. Provides Fleet Status Report
ZUG, Switzerland, Oct. 8, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today issued an updated fleet status report covering the company's 135-unit offshore drilling fleet. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report," which is available through the company's Web address at www.deepwater.com. The report can be accessed from the home page of the Web address by clicking on... 
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09/29/2009Transocean Ltd. Announces Ultra-Deepwater Semisubmersible Rig Deepwater Horizon Awarded Three-Year Contract Extension
ZUG, Switzerland, Sept. 29, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that its ultra-deepwater semisubmersible rig Deepwater Horizon has been awarded a three-year contract extension by a subsidiary of BP p.l.c. (NYSE:BP) for operations in the U.S. Gulf of Mexico commencing in September 2010. Estimated contracted revenues related to the three-year contract extension are approximately $544 million. Estimated contract revenues represent the maximum amount of revenues that ... 
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09/23/2009Transocean Ltd. Announces Third Quarter 2009 Earnings Release Date and Conference Call Information
ZUG, Switzerland, Sept. 23, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today said it plans to report earnings for the nine months ended September 30, 2009, on the morning of Wednesday, November 4, 2009. Following the earnings report, expected to be released prior to the commencement of trading in the United States, the company will conduct a teleconference call at 10:00 a.m. Eastern time, 4:00 p.m. Swiss time, on November 4. Individuals who wish to participate in the teleconference call... 
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09/22/2009Transocean Ltd. Ranked Among World's Top 50 Companies in Latest Carbon Disclosure Project 2009 Global 500 Report
ZUG, Switzerland, Sept. 22, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today said it has been ranked among the world's top 50 companies in the recently issued Carbon Disclosure Project (CDP) 2009 Global 500 Report. For the second consecutive year, Transocean was featured in CDP's "Carbon Disclosure Leadership Index." This prestigious index, a key component of CDP's annual Global 500 Report, which represents 475 institutional investors with $55 trillion in assets under management,... 
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09/02/2009Photo Release -- Transocean's Ultra-Deepwater Semisubmersible Rig Deepwater Horizon Drills World's Deepest Oil and Gas Well
ZUG, Switzerland, Sept. 2, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today announced that its ultra-deepwater semisubmersible rig Deepwater Horizon recently drilled the deepest oil and gas well ever while working for BP and its co-owners on the Tiber well in the U.S. Gulf of Mexico. Working with BP, the Transocean crews on the Deepwater Horizon drilled the well to 35,050 vertical depth and 35,055 feet measured depth (MD), or more than six miles, while operating in 4,130 feet of water. ... 
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09/02/2009Transocean Ltd. to Present At the Barclays Capital CEO Energy/Power Conference
ZUG, Switzerland, Sept. 2, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today announced that Robert L. Long, Chief Executive Officer of the company, will address attendees at the Barclays Capital CEO Energy/Power Conference in New York, NY. Mr. Long is scheduled to present on Thursday, September 10, 2009, at 11:05 a.m., ET. A live broadcast of the presentation and a replay will be publicly accessible through the company's web site at www.deepwater.com. Go to the "Investor Relations... 
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09/01/2009Transocean Ltd. Provides Fleet Update Summary
ZUG, Switzerland, Sept. 1, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today 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 60 days or more since our fleet status report dated July 1, 2009. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report," which is availab... 
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08/25/2009Transocean Ltd. Announces Ultra-Deepwater Semisubmersible Rig Sedco Express Awarded Contract by Noble Energy
ZUG, Switzerland, Aug. 25, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today announced that a subsidiary of Noble Energy, Inc. (NYSE:NBL) has awarded a 455-day contract for the ultra-deepwater semisubmersible rig Sedco Express. Estimated contracted revenues related to the 455-day contract term are approximately $241 million. Estimated contract revenues represent the maximum amount of revenues that may be earned in the firm contract period, excluding revenues for mobilization, cost escala... 
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08/17/2009Photo Release -- Transocean Ltd. Announces Steven L. Newman to Succeed Robert L. Long as Chief Executive Officer in First Quarter of 2010
ZUG, Switzerland, Aug. 17, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today announced that Robert L. Long will retire as Chief Executive Officer in the first quarter of 2010. The Board of Directors has named Steven L. Newman, currently President and Chief Operating Officer, to succeed Mr. Long upon his retirement as CEO. Photos accompanying this release are available at http://www.globenewswire.com/newsroom/prs/?pkgid=6509 and http://www.globenewswire.com/newsroom/prs/?pkgid=6510... 
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08/13/2009Photo Release -- Transocean Ltd. Announces Ultra-Deepwater Drillship Discoverer Clear Leader Begins Five-Year Contract With Chevron
ZUG, Switzerland, Aug. 13, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today announced that the Discoverer Clear Leader has commenced operations for Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation (NYSE:CVX), in the U.S. Gulf of Mexico under a five-year drilling contract. The Discoverer Clear Leader is the first of five Transocean ultra-deepwater enhanced Enterprise-class drillships scheduled to commence operations in 2009 and 2010. A photo accompanying this re... 
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08/10/2009Transocean Ltd. Announces Ultra-Deepwater Drillship Dhirubhai Deepwater KG1 Begins Five-Year Contract
ZUG, Switzerland, Aug. 10, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today announced that the ultra-deepwater drillship Dhirubhai Deepwater KG1 has commenced operations in India under a five-year drilling contract with Reliance Industries Limited. The company currently expects that Reliance will sublet the rig for the first four years of the contract to Oil and Natural Gas Corporation Limited, and that Reliance will operate the rig for the fifth year of the contract. The Dhirubhai... 
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08/05/2009Transocean Ltd. Reports Second Quarter 2009 Financial Results
ZUG, Switzerland--(BUSINESS WIRE)--Aug. 5, 2009-- Transocean Ltd. (NYSE: RIG) today reported net income attributable to controlling interest for the three months ended June 30, 2009 of $806 million, or $2.49 per diluted share, compared to net income attributable to controlling interest of $1.065 billion, or $3.31 per diluted share for the three months ended June 30, 2008. Revenues for the second quarter of 2009 were $2.882 billion compared to $3.102 ... 
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08/03/2009Transocean Ltd. Provides Fleet Update Summary
ZUG, Switzerland, Aug. 3, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today 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 60 days or more since our fleet status report dated July 1, 2009. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report," which is availabl... 
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07/31/2009Photo Release -- Transocean Ltd. Announces Ihab Toma Named Senior Vice President, Marketing and Planning
ZUG, Switzerland, July 31, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that Ihab Toma has been named Senior Vice President of Marketing and Planning, reporting to Robert L. Long, Chief Executive Officer, effective mid-August 2009. Based in Geneva, Mr. Toma will be responsible for marketing and planning for the company's fleet of 133 mobile offshore drilling units worldwide. He will also oversee Transocean Solutions, which offers clients a complete package for well constru... 
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07/20/2009Transocean Ltd. Announces Ultra-Deepwater Semisubmersible Cajun Express Awarded Contract by Petrobras
ZUG, Switzerland, July 20, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today announced that the Board of Directors of Petroleo Brasileiro S.A. (Petrobras) has approved the award of a three-year contract for the ultra-deepwater semisubmersible rig Cajun Express for operations in Brazil. Petrobras has the right within one year of contract execution to convert the three-year contract to a five-year contract. Estimated contracted revenues related to the three-year contract term and five-year... 
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07/07/2009Transocean Ltd. Announces Second Quarter 2009 Earnings Release Date and Conference Call Information
ZUG, Switzerland, July 7, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today said it plans to report earnings for the six months ended June 30, 2009, on the morning of Wednesday, August 5, 2009. Following the earnings report, expected to be released prior to the commencement of trading in the United States, the company will conduct a teleconference call at 10:00 a.m. ET on August 5. Individuals who wish to participate in the teleconference call should dial 913-981-4904 and refer to confir... 
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07/01/2009Transocean Ltd. Provides Fleet Status Report
ZUG, Switzerland, July 1, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today issued an updated fleet status report covering the company's 135-unit offshore drilling fleet. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report," which is available through the company's Worldwide Web address at www.deepwater.com. The report can be accessed from the home page of the Web address by c... 
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06/18/2009Transocean Ltd. Announces David A. Tonnel Named Senior Vice President, Europe and Africa Unit
ZUG, Switzerland, June 18, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today announced that David A. Tonnel has been named Senior Vice President, Europe and Africa Unit (EAU), reporting to Rob Saltiel, Executive Vice President, Performance, effective September 1, 2009. Mr. Tonnel will be based in Paris and will succeed Ricardo H. Rosa, the current Senior Vice President, EAU, who will become Senior Vice President and Chief Financial Officer, effective September 1, 2009. Mr. Tonnel cu... 
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06/01/2009Transocean Ltd. Provides Fleet Update Summary
ZUG, Switzerland, June 1, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today 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 60 days or more since our fleet status report dated May 5, 2009. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report," which is available... 
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05/21/2009Photo Release -- Transocean Ltd. Announces Ricardo H. Rosa Named Senior Vice President and Chief Financial Officer
ZUG, Switzerland, May 21, 2009 (GlobeNewswire via COMTEX) -- Transocean Ltd. (NYSE:RIG) announced today that Ricardo H. Rosa has been named Senior Vice President and Chief Financial Officer, effective September 1, 2009. Mr. Rosa will be based in Geneva and will report to Robert L. Long, Chief Executive Officer. Mr. Rosa will succeed Gregory L. Cauthen. A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6202 Mr. Rosa is currently Senior Vice Pre... 
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05/15/2009Transocean Ltd. Shareholders Approve All Proposals At Annual General Meeting
ZUG, Switzerland, May 15, 2009 (GlobeNewswire via COMTEX) -- Transocean Ltd. (NYSE:RIG) announced that its shareholders approved all proposals at the 2009 Annual General Meeting held today in Zug. The approvals include the re-election of five directors, the authorization to repurchase shares and several other matters. Shareholders today re-elected four Class I Directors, W. Richard Anderson, Richard L. George, Robert L. Long and Edward R. Muller, each for a three-year term. Victor E. Grijalva, ... 
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05/06/2009Transocean Ltd. Reports First Quarter 2009 Financial Results
ZUG, Switzerland--(BUSINESS WIRE)--May. 6, 2009-- Transocean Ltd. (NYSE:RIG) today reported net income attributable to controlling interest for the three months ended March 31, 2009 of $942 million, or $2.93 per diluted share, compared to net income attributable to controlling interest of $1.149 billion, or $3.58 per diluted share for the three months ended March 31, 2008. Revenues for the first quarter of 2009 were $3.118 billion compared to $3.110 ... 
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05/05/2009Transocean Ltd. Provides Fleet Update Summary
ZUG, Switzerland, May 5, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today 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 60 days or more since our fleet status report dated April 2, 2009. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report," which is available ... 
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04/09/2009Transocean Ltd. Announces First Quarter 2009 Earnings Release Date and Conference Call Information
ZUG, Switzerland, April 9, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today said it plans to report earnings for the three months ended March 31, 2009, on the morning of Wednesday, May 6, 2009. Following the earnings report, expected to be released prior to the commencement of trading in the United States, the company will conduct a teleconference call at 10:00 a.m. ET on May 6. Individuals who wish to participate in the teleconference call should dial 913-312-1522 and refer to confirma... 
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04/02/2009Transocean Ltd. Provides Fleet Status Report
ZUG, Switzerland, Apr 2, 2009 (GlobeNewswire via COMTEX) -- Transocean Ltd. (NYSE:RIG) today issued an updated fleet status report covering the company's 136-unit offshore drilling fleet. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report," which is available through the company's Worldwide Web address at www.deepwater.com. The report can be accessed from the home page of the Web address b... 
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03/11/2009Transocean Ltd. to Present At Howard Weil Energy Conference
ZUG, Switzerland, March 11, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today announced that Robert L. Long, Chief Executive Officer of the company, will address attendees at the Howard Weil Energy Conference in New Orleans, LA. Mr. Long is scheduled to present on Monday, March 23, 2009, 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 23, 2009 and will be accessible at www.deepwater.co... 
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03/02/2009Transocean Ltd. Provides Fleet Update Summary
ZUG, Switzerland, Mar 2, 2009 (GlobeNewswire via COMTEX) -- Transocean Ltd. (NYSE:RIG) today 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 60 days or more since our fleet status report dated February 3, 2009. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report," which is a... 
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02/17/2009Transocean Ltd. Reports Fourth Quarter and Full-Year 2008 Results
ZUG, Switzerland--(BUSINESS WIRE)--Feb. 17, 2009-- Transocean Ltd. (NYSE:RIG) today reported net income for the three months ended December 31, 2008 of $800 million, or $2.50 per diluted share. Revenues for the fourth quarter 2008 totaled a record $3.270 billion. The results compare to net income of $1.056 billion, or $4.17 per diluted share, for the three months ended December 31, 2007. For the three months ended December 31, 2007, revenues were $2.... 
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02/16/2009Transocean Ltd. Board to Seek Shareholder Approval of Share Repurchase Program
ZUG, Switzerland, Feb 16, 2009 (GlobeNewswire via COMTEX) -- Transocean Ltd. (NYSE:RIG) today announced that its Board of Directors has decided to recommend that the company's shareholders at their May 2009 annual general meeting approve and authorize the Board of Directors to repurchase shares of the company, at the Board's discretion, with an aggregate purchase price of up to 3.50 billion Swiss francs (which is equivalent to approximately US$3.02 billion at an exchange rate as of the close of ... 
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02/03/2009Transocean Ltd. Provides Fleet Update Summary
ZUG, Switzerland, Feb. 3, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today 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 60 days or more since our fleet status report dated January 12, 2009. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report," which is availa... 
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01/16/2009Transocean Ltd. to Present At the Credit Suisse 2009 Energy Summit
HOUSTON, Jan. 16, 2009 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG - News) today announced that Gregory L. Cauthen, Senior Vice President and Chief Financial Officer of the company, will address attendees at the Credit Suisse 2009 Energy Summit in Vail, CO. Mr. Cauthen is scheduled to present on Wednesday, Feb. 4, 2009, at 8:50 a.m. MST. A live broadcast of the presentation and a replay will be publicly accessible through the company's website at http://www.deepwater.com. Go to the ``Inve... 
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01/15/2009Transocean Ltd. Announces Fourth Quarter 2008 Earnings Release Date and Conference Call Information
HOUSTON, Jan 15, 2009 (GlobeNewswire via COMTEX) -- Transocean Ltd. (NYSE:RIG) today said it plans to report earnings for the three months ended December 31, 2008, on the morning of Tuesday, February 17, 2009. Following the earnings report, expected to be released prior to the commencement of trading in the United States, the company will conduct a teleconference call at 10:00 a.m. ET on February 17. Individuals who wish to participate in the teleconference call should dial 913-312-1268 and refe... 
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01/12/2009Transocean Ltd. Provides Fleet Status Report
HOUSTON, Jan 12, 2009 (GlobeNewswire via COMTEX News Network) -- Transocean Ltd. (NYSE:RIG) today issued an updated fleet status report covering the company's 136-unit offshore drilling fleet. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report," which is available through the company's Worldwide Web address at www.deepwater.com. The report can be accessed from the home page of the Web addr... 
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