TRANSOCEAN LTD. (NYSE:RIG) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Item 5.03. Amendment to Articles of Incorporation or Bylaws;
Change in Fiscal Year.

On November 18, 2016, the Board of Directors of Transocean Ltd.
(the Company) amended and restated the Companys Organizational
Regulations (as amended, the Organizational Regulations),
effective as of the same date.

The amendments to the Organizational Regulations permit the
Companys Corporate Secretary to call a special meeting of the
Board of Directors and permit the members of the Board of
Directors to request the Companys Chief Execute Officer,
President or Corporate Secretary to convene a special meeting of
the Board of Directors if the Chairman is not available.The
amendments also permit the person calling a special meeting of
the Board of Directors to provide for a shorter notice period
than is specified in the Organizational Regulations if reasonable
under the circumstances.

The foregoing description is qualified in its entirety by the
Organizational Regulations, attached hereto as Exhibit 3.1 and
incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

About TRANSOCEAN LTD. (NYSE:RIG)

Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. The Company’s primary business is to contract its drilling rigs, related equipment and work crews primarily on a day rate basis to drill oil and gas wells. The Company operates through the contract drilling services segment. The Company specializes in technically demanding regions of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services. Its mobile offshore drilling fleet consists of floaters and high-specification jackups used in support of offshore drilling activities and offshore support services across the world. The Company owns or has partial ownership interests in and operates over 60 mobile offshore drilling , including approximately 30 ultra‑deepwater floaters, over seven harsh environment floaters, over five deepwater floaters, over 10 midwater floaters and approximately 10 high-specification jackups.

TRANSOCEAN LTD. (NYSE:RIG) Recent Trading Information

TRANSOCEAN LTD. (NYSE:RIG) closed its last trading session 00.00 at 11.53 with 14,791,018 shares trading hands.