GlobeNewswire Inc | Oct 15, 2020 04:16PM EDT

October 15, 2020

STEINHAUSEN, Switzerland, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the third quarter of 2020, after markets close on Monday, November 2, 2020.

The company will conduct a teleconference to discuss the results starting at 9 a.m. EST, 3 p.m. CET, on Tuesday, November 3, 2020. Individuals who wish to participate should dial +1 334-323-0501 and refer to conference code 9072892 approximately 10 minutes prior to the scheduled start time.

The teleconference will also be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be available after 12 p.m. EST, 6 p.m. CET, on November 3, 2020. The replay, which will be archived for approximately 30 days, can be accessed at +1 719-457-0820, passcode 9072892 and pin 2562. The replay also will be available on the company's website.

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 operates the highest specification floating offshore drilling fleet in the world.

Transocean owns or has partial ownership interests in and operates a fleet of 38mobile offshore drilling units consisting of 27ultra-deepwater floaters, 11harsh environment floaters. In addition, Transocean is constructing twoultra-deepwater drillships.

For more information about Transocean, please visit: www.deepwater.com.

Analyst Contacts:Lexington May+1 832-587-6515

Media ContactPam Easton+1 713-232-7647