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Transocean Ltd. Provides Fleet Status Report

(GLOBE NEWSWIRE via COMTEX) -- ZUG, SWITZERLAND-April 21, 2016-Transocean Ltd. RIG, -2.14% today 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.

About Transocean

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world.

Transocean owns or has partial ownership interests in, and operates a fleet of, 60 mobile offshore drilling units consisting of 28 ultra-deepwater floaters, seven harsh-environment semisubmersibles, five deepwater semisubmersibles, 10 midwater semisubmersibles, and 10 high-specification...


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