Company Overview Market Overview Value Creation Financial Flexibility Capital Investment Dividend Litigation Update 33
Company Overview Industry Leader Premier position in ultradeepwater market segment Largest fleet of high spec and midwater floaters Operates in most major markets worldwide Technical leader Significant relationships across…
Company Overview Strong Backlog Total Backlog From Continuing Operations 25.0 billion(4) 5
Company Overview Diversified Revenue Sources By Asset Class By Customer 11% 12% 29% 18% 33% 51% 38% 2% 6% UltraDeepwater Deepwater Harsh Environment Integrated NOC Independent Midwater HighSpec Jackups Other…
Company Overview Committed Fleet (5) 7
Market Overview Ultra-Deepwater New Field Resources Discovered Exploration success indicates (by Water Depth) Volume Discovered (billion boe) of Discoveries significant longterm ultra 18 16 180 deepwater demand 14 12 160 140…
Market Overview Other Floaters, Jackups Deepwater Midwater HighSpec Jackups Discoverer Seven Seas GSF Rig 140 Transocean Honor Nearterm increase in rig Strong presence in the UK and Demand and dayrates are availability Norway…
Value Creation 800 million margin expansion Financial Transocean Partners LLC Flexibility Divest non-core assets Debt reduction Shareholder Value Dividend - 3.00/sh Return of Capital Building 12 high- spec rigs; five are…
High-Grading of Fleet Offshore Rigs Floaters Floaters Rigs at risk of Potential newbuilds displacement Longterm growth in deepwater 215 500 Lower spec rigs at risk 110 120 298 160 floaters are 30+ years old Customers prefer…
Current Fleet Future Fleet Existing Under Total construction Ultra-deepwater 29 +7 36 Ultra-deepwater 50% Floaters Deepwater 12 12 Deepwater Midwater 21 21 Midwater Harsh Environment 7 7 Harsh Environment 10% Jackups…
Dividend yield is very competitive (%) Indicated Dividend Yield (Average of Peer Groups) 10.0 7.9 8.0 6.0 4.0 4.0 3.7 2.3 2.0 1.5 0.8 0.6 - RIG 2014 Offshore Drillers Floating Storage, Offshore Land Drillers…
Macondo Favorable court ruling 9/4/14 effectively eliminates Transoceans financial risk arising from the below surface discharge of oil Transocean found to be not grossly negligent and not liable for punitive damages Contractual…
We are delivering on our commitment to create value Improving financial flexibility Executing plan to highgrade the fleet Returning excess cash to shareholders To the extent possible, reducing uncertainties the company faces…
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