Item 7.01Regulation FD Disclosure

On January 31, 2023, Transocean Ltd. announced a 910-day contract award for the ultra-deepwater drillship Dhirubhai Deepwater KG2. The estimated backlog of $392 million associated with the contract excludes a mobilization fee of 90 times the contract dayrate.

A copy of the press release announcing the fixture referred to above is attached hereto and incorporated herein by reference as Exhibit 99.1 .

Item 9.01Financial Statements and Exhibits

(d) Exhibits.



Exhibit No.    Description

99.1             Transocean Ltd. Announces $392 Million Contract Award for
               Ultra-Deepwater Drillship
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).

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