Transocean Inc. to Present At the Lehman Brothers CEO Energy/Power Conference


HOUSTON, Aug. 25, 2008 (GLOBE NEWSWIRE) -- Transocean Inc. (NYSE:RIG) today announced that Robert L. Long, Chief Executive Officer of the company, will address attendees at the Lehman Brothers CEO Energy/Power Conference in New York, NY. Mr. Long is scheduled to present on Wednesday, September 3, 2008, at 8:25 a.m., ET.

A live broadcast of the conference 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 company's 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 137 mobile offshore drilling units plus 10 announced ultra-deepwater newbuild units, 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, 55 Standard Jackups and other assets utilized in the support of offshore drilling activities worldwide.

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



            

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