Transocean Offers Fleet Status Report: Total Value of New Contracts ~$610M

Transocean Ltd.

today issued a comprehensive Fleet Status Report which provides the current status and contract information for the company's entire fleet of offshore drilling rigs. The total value of new contracts since the September 22, 2014 Fleet Update Summary is approximately $610 million. Highlights are as follows: * Transocean Leader - Awarded a four year contract in an undisclosed location at a dayrate of $335,000 for the first three years and at an indexed rate for the fourth year ($478 million estimated backlog). The rig's prior dayrate was $400,000. * Transocean Amirante - Awarded a one year contract in an undisclosed location at a dayrate of $335,000 ($122 million estimated backlog). The rig was previously idle. * Estimated 2014 planned out-of-service time decreased by a net 49 days. Estimated 2015 planned out-of-service time increased by a net five days. The report can be accessed on the company's website at www.deepwater.com.