Statement of Transocean Ltd. CEO Steven L. Newman Following U.S. Coast Guard Announcement
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Transocean Ltd. / Statement of Transocean Ltd. CEO Steven L. Newman Following U.S. Coast Guard Announcement processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.
ZUG, SWITZERLAND -- (MARKETWIRE) -- 04/23/10 -- Following the suspension of
U.S. Coast Guard search-and-rescue efforts to find 11 missing persons in the
U.S. Gulf of Mexico, Steven L. Newman, President and Chief Executive Officer of
Transocean Ltd. (NYSE: RIG) (SIX: RIGN), on the ground in New Orleans, expressed
his deepest sympathies on behalf of the company to the family members of those
lost. The nine Transocean personnel and two employees of a third-party company
have been missing since Tuesday, April 20, 2010, when a fire and explosion
occurred onboard the semisubmersible drilling rig Deepwater Horizon, which sank
on Thursday.
"As the nation and everyone in the Transocean family mourns the tragic loss of
these people, our deepest sympathies are with their families and friends today,"
said Mr. Newman. "Transocean is doing everything we can to meet their needs
during this difficult time, and our family response team members are in close
contact to provide all necessary support. I would once again like to express our
gratitude to the U.S. Coast Guard, BP and everyone involved for their exhaustive
search and rescue efforts, despite this very sad outcome."
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 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. Its worldwide fleet is more than twice the size of the next-largest
competitor. The company 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.
For more information about Transocean, please visit our website at
www.deepwater.com
Analyst Contact:
Gregory S. Panagos
+1 713-232-7551
Media Contact:
Guy A. Cantwell
+1 713-232-7647
[HUG#1407675]
--- End of Message ---
Transocean Ltd.
Chemin de Blandonnet 10 Vernier Switzerland
ISIN: CH0048265513;
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Datum: 23.04.2010 - 19:41 Uhr
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