Transocean Gets Injunction to Cease Operations in Brazil


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Transocean Ltd.(NYSE: RIG) (SIX: RIGN) announced today that at approximately noonRio De Janeiro time (11 a.m., ET), September 27, 2012, the federalcourt in Rio de Janeiro served the company with a preliminaryinjunction requiring that it cease operations in Brazil within 30calendar days from the date of service. The company is vigorouslypursuing the overturn or suspension of the preliminary injunction,including through an appeal to the Superior Court of Justice. Absentrelief from the courts, Transocean will be required to comply withthe preliminary injunction.

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