Transocean Fleet Update

Transocean Ltd. today issued a monthly Fleet Update Summary, which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since the July 15, 2015 Fleet Status Report. The total value of new contracts since the last report is approximately $35 million.

The report includes the following:

Dhirubhai Deepwater KG2 - Awarded a contract extension for approximately three months offshore India at a dayrate of $295,000 ($25 million estimated backlog).

Transocean Barents - Awarded a one-well extension in the Norwegian North Sea at a dayrate of $300,000 ($10 million estimated backlog).

The Sedco Express, GSF Rig 135, Actinia, Transocean Searcher and Transocean Prospect are idle.

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