Transocean Announces Appointment of Interim Senior Vice President and General Counsel

Sun Nov 18, 2012 10:11pm EST

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ZUG, SWITZERLAND-Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that, effective immediately, Allen M. Katz, has joined the company and will serve as Interim Senior Vice President and General Counsel through June 30, 2013.   Subject to mutual agreement, Mr. Katz's employment with Transocean can be extended through December 31, 2013.  Mr. Katz has served as an advisor to the company since June 2010.

Prior to Transocean, Mr. Katz served as managing partner at Munger, Tolles & Olson, LLP, initially joining the firm in 1974.  He earned his Juris Doctorate from Stanford Law School in 1972 and received his undergraduate degree from Brandeis University in 1969, graduating cum laude.  Mr. Katz is a member of the California, 9th Circuit and is admitted to practice before the U.S. Supreme Court.

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 believes that it operates one of the most versatile offshore drilling fleets in the world.  

Transocean owns or has partial ownership interests in, and operates a fleet of, 115 mobile offshore drilling units consisting of 48 High-Specification Floaters (Ultra-Deepwater, Deepwater and Harsh-Environment drilling rigs), 25 Midwater Floaters, nine High-Specification Jackups, 32 Standard Jackups and one swamp barge. Included in the 115 drilling units, the company has 32 Standard Jackups and one swamp barge classified as discontinued operations. In addition, we have six Ultra-Deepwater Drillships and three High-Specification Jackups under construction. 

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





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Source: Transocean Ltd via Thomson Reuters ONE

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