BUSINESS SUMMARY:

Transocean Inc. (Transocean)  is the world's largest offshore drilling contractor and the leading provider of drilling management
services worldwide.

With a fleet of 139 mobile offshore drilling units plus three ultra-deepwater newbuild drillships under construction, Transocean'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.

Transocean owns or operates a contract drilling fleet of 45 High-Specification Floaters (Ultra-Deepwater,  Deepwater and Harsh-Environment
semisubmersibles and drillships), 26 Midwater Floaters, 10 High-Specification Jackups, 55 Standard Jackups and other assets utilized in the
support of offshore drilling activities worldwide.