Transocean LTD. 8-K Filing

Key Financial Figures

• $0.10 — xchange on which registered: Shares , $0.10 par value RIG New York Stock Exchan
• $1.0 billion — e, the fixtures represent approximately $1.0 billion in incremental firm contract backlog, a
• $450,000 — th Vr Energi ASA in Norway at a rate of $450,000 per day, excluding additional services.
• $490 million — is expected to contribute approximately $490 million in backlog, excluding compensation for
• $420 million — is expected to contribute approximately $420 million in incremental backlog and commit the r
• $20 million — acklog will be reduced by approximately $20 million. The Deepwater Aquila was awarded a 3
• $160 million — is expected to contribute approximately $160 million in incremental backlog and commit the r
• $10 million — acklog will be reduced by approximately $10 million. Separately, Transocean retired the 8
• $358 m — 26. The outstanding principal amount of $358 million, plus a call premium and accrued
• $39 million — se savings to maturity is approximately $39 million. The early retirement of the Titan Note
• $0.75 billion — currently expects to retire a total of $0.75 billion of debt in 2026. A copy of the press r
• $1.0 Billion — Ltd. Announces Contract Awards Totaling $1.0 Billion and Retirement of Senior Secured Notes

Filing Documents

• rig-20260402x8k.htm (8-K) — 44KB
• rig-20260402xex99d1.htm (EX-99.1) — 17KB
• rig-20260402xex99d1001.jpg (GRAPHIC) — 6KB
• 0001451505-26-000024.txt ( ) — 188KB
• rig-20260402.xsd (EX-101.SCH) — 3KB
• rig-20260402_def.xml (EX-101.DEF) — 3KB
• rig-20260402_lab.xml (EX-101.LAB) — 16KB
• rig-20260402_pre.xml (EX-101.PRE) — 9KB
• rig-20260402x8k_htm.xml (XML) — 4KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. Transocean Ltd. (NYSE: RIG) ("Transocean") today announced awards of a contract for a harsh environment semisubmersible in Norway and contract extensions for two ultra-deepwater drillships in Brazil. In aggregate, the fixtures represent approximately $1.0 billion in incremental firm contract backlog, as follows. The Transocean Barents was awarded a 1,095-day contract with Vr Energi ASA in Norway at a rate of $450,000 per day, excluding additional services. The program is anticipated to commence by the middle of the second quarter of 2027 and is expected to contribute approximately $490 million in backlog, excluding compensation for mobilization and demobilization. The contract also includes options that, if fully exercised, could keep the rig working in Norway into 2034. The Deepwater Orion was awarded a 1,095-day contract extension with Petrobras in direct continuation of its current activity. The extension is expected to contribute approximately $420 million in incremental backlog and commit the rig through March 2030. Prior to the extension period, from April 1, 2026, until the commencement of the new contract extension in March 2027 (approximately 340 days), the existing backlog will be reduced by approximately $20 million. The Deepwater Aquila was awarded a 365-day contract extension with Petrobras in direct continuation of its current activity. The extension is expected to contribute approximately $160 million in incremental backlog and commit the rig through June 2028. Prior to the extension period, from April 1, 2026, until the commencement of the new contract extension in June 2027 (approximately 450 days), the existing backlog will be reduced by approximately $10 million. Separately, Transocean retired the 8.375% Senior Secured Notes due 2028 ( Titan Notes) in full on March 20, 2026. The outstanding principal amount of $358 million, plus a call premium and accrued but unpaid interest, was settled using cash on

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No . Description 99.1 Transocean Ltd. Announces Contract Awards Totaling $1.0 Billion and Retirement of Senior Secured Notes 101 Interactive data files pursuant to Rule 405 of Regulation S-T formatted in Inline Extensible Business Reporting Language 104 Cover Page Interactive Data File (formatted as inline XBRL).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TRANSOCEAN LTD. Date: April 2, 2026 By: /s/ Brady K. Long Brady K. Long Authorized Person

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