Transocean's Fleet Status Updated

Transocean Ltd. issued a Fleet Status Report that provides the current status of and contract information for the company's entire fleet of offshore drilling rigs.

The report includes the following:

• Actinia - Awarded a three year contract offshore India at a dayrate of $101,000 ($111 million estimated contract backlog).
• Deepwater Invictus - Awarded a two well contract offshore Trinidad at a dayrate of $350,000 ($28 million estimated contract backlog).
• Dhirubhai Deepwater KG2 - Awarded a six month contract; location and dayrate are not disclosed.
• The midwater floater Transocean John Shaw is classified as held for sale. The rig will be recycled in an environmentally responsible manner.

Estimated 2016 out of service days increased by a net 56 days due primarily to contract preparation.

The report can be accessed on the company's website: www.deepwater.com.