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Transocean Inc. To Present At the Bear Stearns 2008 Global Oil and Gas Conference

Posted on: Wednesday, 12 March 2008, 12:00 CDT

HOUSTON, March 12, 2008 (PRIME NEWSWIRE) -- Transocean Inc. (NYSE:RIG) today announced that Robert L. Long, Chief Executive Officer of the company, will address attendees at the Bear Stearns 2008 Global Oil and Gas Conference in New York, NY. Mr. Long is scheduled to present on Wednesday, March 19, 2008, at 2:15 p.m., ET.

A live broadcast of the presentation and a replay will be publicly accessible through the company's Web site at www.deepwater.com. Go to the "Investor Relations" link and select "News & Events," followed by "Webcasts & Presentations." Participants are encouraged to log onto the site at least 15 minutes before the scheduled start of the presentation to ensure that minimum software requirements are met.

Transocean Inc. is the world's largest offshore drilling contractor and the leading provider of drilling management services worldwide. With a fleet of 138 mobile offshore drilling units plus eight ultra-deepwater units under construction, the company's fleet is considered one of the most modern and versatile in the world due to its emphasis on technically demanding segments of the offshore drilling business. The company owns or operates a contract drilling fleet of 39 High-Specification Floaters (Ultra-Deepwater, Deepwater and Harsh-Environment semisubmersibles and drillships), 29 Midwater Floaters, 10 High-Specification Jackups, 56 Standard Jackups and other assets utilized in the support of offshore drilling activities worldwide. With a current equity market capitalization of approximately $44.3 billion, Transocean Inc.'s ordinary shares are traded on the New York Stock Exchange under the symbol "RIG."

The Transocean Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2252

This news release was distributed by PrimeNewswire, www.primenewswire.com

CONTACT: Transocean Inc. Analyst Contact: Gregory S. Panagos 713-232-7551 Media Contact: Guy A. Cantwell 713-232-7647

Source: PrimeNewswire

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