Transocean Inc. Announces Fourth Quarter 2007 Earnings Release Date and Conference...

Transocean Inc. Announces Fourth Quarter 2007 Earnings Release Date and
Conference Call Information

HOUSTON, Jan. 22, 2008 (PRIME NEWSWIRE) -- Transocean Inc. (NYSE:RIG) today said
it plans to report earnings for the three months ended December 31, 2007, on the
morning of Wednesday, February 20, 2008. Following the earnings report, expected
to be released prior to the commencement of trading in the United States, the
company will conduct a teleconference call at 10:00 a.m. ET on February 20.
Individuals who wish to participate in the teleconference call should dial
913-312-1493 and refer to confirmation code 8219413 approximately five to 10
minutes prior to the scheduled start time of the call.

In addition, the conference call will be simulcast through a listen-only
broadcast over the Internet and can be accessed by logging onto the company's
World Wide Web address at www.deepwater.com and selecting "Investor Relations."
It may also be accessed via the World Wide Web at www.CompanyBoardroom.com by
typing in the company's New York Stock Exchange trading symbol, "RIG."

A telephonic replay of the conference call should be available after 1:00 p.m.
ET on February 20, and can be accessed by dialing 719-457-0820 and referring to
the passcode 8219413. Also, a replay will be available through the Internet and
can be accessed by visiting either of the above-referenced World Wide Web
addresses. Both replay options will be available for approximately 30 days.

Transocean Inc. is the world's largest offshore drilling contractor and the
leading provider of drilling management services worldwide. With a fleet of 140
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, 29 Midwater Floaters, 68 Jackups and
four other assets utilized in the support of offshore drilling activities
worldwide. With a current equity market capitalization in excess of $39 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

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