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			RIG_Currentfolio_8-K_2016-03-08
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			<a name="_GoBack"></a><font style="display:inline;font-weight:bold;font-size:18pt;">UNITED STATES</font><a name="Section_1"></a>
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			<font style="display:inline;font-weight:bold;font-size:18pt;">SECURITIES AND EXCHANGE COMMISSION</font>
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			<font style="display:inline;font-weight:bold;">Washington, D.C. 20549</font>
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			<font style="display:inline;">&nbsp;</font>
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			<font style="display:inline;font-weight:bold;font-size:18pt;">FORM&nbsp;8-K</font>
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			<font style="display:inline;font-weight:bold;font-size:12pt;">CURRENT REPORT</font>
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			<font style="display:inline;font-weight:bold;font-size:12pt;">PURSUANT TO SECTION&nbsp;13 OR 15(d)&nbsp;OF THE</font>
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			<font style="display:inline;font-weight:bold;font-size:12pt;">SECURITIES EXCHANGE ACT OF 1934</font>
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			<font style="display:inline;">&nbsp;</font>
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			<font style="display:inline;">Date of Report (Date of earliest event reported):&nbsp; </font><font style="display:inline;">March </font><font style="display:inline;">8</font><font style="display:inline;">, 2016</font>
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			<font style="display:inline;">&nbsp;</font>
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			<font style="display:inline;font-weight:bold;font-size:18pt;">TRANSOCEAN LTD.</font>
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			<font style="display:inline;">(Exact name of registrant as specified in its charter)</font>
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			<font style="display:inline;">&nbsp;</font>
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			<font style="display:inline;">&nbsp;</font>
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						<font style="display:inline;font-weight:bold;color:#000000;">Switzerland</font></p>
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						<font style="display:inline;font-weight:bold;color:#000000;">000-53533</font></p>
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						<font style="display:inline;font-weight:bold;color:#000000;">98-0599916</font></p>
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						<font style="display:inline;">(State or other jurisdiction of</font></p>
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						<font style="display:inline;">incorporation or organization)</font></p>
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						<font style="display:inline;">(Commission</font></p>
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						<font style="display:inline;">File Number)</font></p>
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						<font style="display:inline;">(I.R.S. Employer</font></p>
					<p style="margin:0pt 3pt 2pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;">Identification No.)</font></p>
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			<font style="display:inline;">&nbsp;</font>
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			<font style="display:inline;">&nbsp;</font>
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						<font style="display:inline;font-weight:bold;">10 Chemin de Blandonnet</font></p>
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						<font style="display:inline;font-weight:bold;">1214 Vernier, Geneva</font></p>
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						<font style="display:inline;font-weight:bold;">Switzerland</font></p>
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						&nbsp;</p>
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						<font style="display:inline;font-weight:bold;">CH-1214</font></p>
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						<font style="display:inline;">(Address of principal executive offices)</font></p>
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						&nbsp;</p>
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						<font style="display:inline;">(zip code)</font></p>
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			<font style="display:inline;">&nbsp;</font>
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			<font style="display:inline;">Registrant</font><font style="display:inline;">&#x2019;</font><font style="display:inline;">s telephone number, including area code: </font><font style="display:inline;font-weight:bold;">+41 (22)&nbsp;930-9000</font>
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			<font style="display:inline;">&nbsp;</font>
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			<font style="display:inline;">(Former name or former address, if changed since last report)</font>
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			<font style="display:inline;">&nbsp;</font>
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		<p style="margin:0pt;line-height:144.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">Check the appropriate box below if the Form&nbsp;8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (</font><font style="display:inline;font-style:italic;">see</font><font style="display:inline;"> General Instruction A.2. below):</font>
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			<font style="display:inline;">&nbsp;</font>
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		<p style="margin:0pt;line-height:144.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">&#x2610;</font><font style="display:inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;">Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</font>
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			<font style="display:inline;">&nbsp;</font>
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			<font style="display:inline;">&#x2610;</font><font style="display:inline;"> &nbsp;&nbsp; </font><font style="display:inline;">Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</font>
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			<font style="display:inline;">&nbsp;</font>
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		<p style="margin:0pt;line-height:144.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">&#x2610;</font><font style="display:inline;font-size:3pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;"> Pre-commencement communications pursuant to Rule&nbsp;14d-2(b)&nbsp;under the Exchange Act (17 CFR 240.14d-2(b))</font>
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			<font style="display:inline;">&nbsp;</font>
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		<p style="margin:0pt;line-height:144.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">&#x2610;</font><font style="display:inline;">&nbsp;&nbsp;&nbsp;</font><font style="display:inline;"> Pre-commencement communications pursuant to Rule&nbsp;13e-4(c)&nbsp;under the Exchange Act (17 CFR 240.13e-4(c))</font>
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		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-weight:bold;"></font>
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		<p style="margin:12pt 0pt;line-height:114.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-weight:bold;"></font></p></div><div style="margin-left:8.16993464052288%;margin-right:8.16993464052288%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;line-height:144.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">

			&nbsp;

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</div></div><div style="margin-left:8.16993464052288%;margin-right:8.16993464052288%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:8.16993464052288%;margin-right:8.16993464052288%;"><div style="width:100%">

		<p style="margin:0pt;line-height:144.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">

			&nbsp;

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</div></div><div style="margin-left:8.16993464052288%;margin-right:8.16993464052288%;"><p style="margin:12pt 0pt;line-height:114.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;"><font style="display:inline;font-weight:bold;">Item 8.01</font><font style="display:inline;font-weight:bold;">.</font><font style="display:inline;font-weight:bold;;font-size: 10pt;font-family:Times New Roman,Times,serif;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display:inline;"></font><font style="display:inline;font-weight:bold;">Other Events</font>
		</p>
		<p style="margin:0pt;line-height:114.17%;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">On </font><font style="display:inline;">March </font><font style="display:inline;">8</font><font style="display:inline;">, 2016</font><font style="display:inline;">,</font><font style="display:inline;"> Transocean Ltd. (the </font><font style="display:inline;">&#x201C;</font><font style="display:inline;">Company</font><font style="display:inline;">&#x201D;</font><font style="display:inline;">) issued a press release announcing a mutual agreement with Keppel Offshore &amp; Marine Ltd</font><font style="display:inline;">&#x2019;</font><font style="display:inline;">s</font><font style="display:inline;"> shipyard, Keppel FELS, to defer the delivery and related payment</font><font style="display:inline;">s</font><font style="display:inline;"> of five high-specification jackups until 2020.</font>
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		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
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		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">A copy of the press release is attached hereto and incorporated herein by reference as Exhibit 99.1</font><font style="display:inline;">.</font>
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		<p style="margin:0pt;line-height:114.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
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		<p style="margin:0pt;line-height:114.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-weight:bold;">Item 9.01.&nbsp; Financial Statements and Exhibits</font>
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			<font style="display:inline;">&nbsp;</font>
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		<p style="margin:0pt;line-height:114.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">(d)&nbsp; Exhibits.</font>
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			<font style="display:inline;">&nbsp;</font>
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				<td valign="bottom" style="width:55.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 3pt;height:1.00pt">
					<p style="margin:0pt;line-height:114.17%;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:04.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 3pt;height:1.00pt">
					<p style="margin:0pt;line-height:114.17%;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:33.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 3pt;height:1.00pt">
					<p style="margin:0pt;line-height:114.17%;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:421.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 3pt;height:1.00pt">
					<p style="margin:0pt;line-height:114.17%;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="bottom" style="width:59.00pt;padding:0pt 2pt 0pt 3pt;height:12.00pt">
					<p style="margin:2pt 2pt 2pt 0pt;line-height:114.17%;font-family:Times New Roman,Times,serif;font-size: 8pt;">
						<font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;text-decoration:underline;">Exhibit&nbsp;No.</font></p>
				</td>
				<td valign="bottom" style="width:33.00pt;padding:0pt 0pt 0pt 3pt;height:12.00pt">
					<p style="margin:2pt 0pt;line-height:114.17%;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:421.00pt;padding:0pt 3pt 0pt 3pt;height:12.00pt">
					<p style="margin:2pt 3pt;line-height:114.17%;font-family:Times New Roman,Times,serif;font-size: 8pt;">
						<font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;text-decoration:underline;">Description</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:55.00pt;padding:0pt 0pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						<font style="display:inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:04.00pt;padding:0pt 0pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:33.00pt;padding:0pt 0pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:421.00pt;padding:0pt 0pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:55.00pt;height:27.70pt;color:#000000;font-family:Times New Roman,Times,serif;font-size:10pt;padding-right:1pt;text-align:right;" nowrap="nowrap"><div style="float:left"></div>99.1
				</td>
				<td valign="top" style="width:04.00pt;padding:0pt 0pt 0pt 3pt;height:27.70pt">
					<p style="margin:2pt 0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:33.00pt;padding:0pt 0pt 0pt 3pt;height:27.70pt">
					<p style="margin:2pt 0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:421.00pt;padding:0pt 2pt 0pt 3pt;height:27.70pt">
					<p style="margin:2pt 3pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;">Press Release Announcing High-Specification Jackup Delivery Delay</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">The statements </font><font style="display:inline;">described in this</font><font style="display:inline;"> Form 8-K</font><font style="display:inline;">&nbsp;</font><font style="display:inline;color:#000000;">and referenced press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements contain words such as </font><font style="display:inline;color:#000000;">&#x201C;</font><font style="display:inline;color:#000000;">possible,</font><font style="display:inline;color:#000000;">&#x201D;</font><font style="display:inline;color:#000000;">&nbsp;</font><font style="display:inline;color:#000000;">&#x201C;</font><font style="display:inline;color:#000000;">intend,</font><font style="display:inline;color:#000000;">&#x201D;</font><font style="display:inline;color:#000000;">&nbsp;</font><font style="display:inline;color:#000000;">&#x201C;</font><font style="display:inline;color:#000000;">will,</font><font style="display:inline;color:#000000;">&#x201D;</font><font style="display:inline;color:#000000;">&nbsp;</font><font style="display:inline;color:#000000;">&#x201C;</font><font style="display:inline;color:#000000;">if,</font><font style="display:inline;color:#000000;">&#x201D;</font><font style="display:inline;color:#000000;">&nbsp;</font><font style="display:inline;color:#000000;">&#x201C;</font><font style="display:inline;color:#000000;">expect</font><font style="display:inline;color:#000000;">&#x201D;</font><font style="display:inline;color:#000000;"> or other similar expressions. Forward-looking statements are based on management</font><font style="display:inline;color:#000000;">&#x2019;</font><font style="display:inline;color:#000000;">s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, actual results could differ materially from those indicated in these forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, estimated duration of customer contracts, contract dayrate amounts, future contract commencement dates and locations, planned sh</font><font style="display:inline;color:#000000;">ipyard projects, timing of the C</font><font style="display:inline;color:#000000;">ompany</font><font style="display:inline;color:#000000;">&#x2019;</font><font style="display:inline;color:#000000;">s newbuild deliveries, operating hazards and delays, risks associated with international operations, actions by customers and other third parties, the future prices of oil and gas, the intention to scrap certain drilling rigs and other factors, including those an</font><font style="display:inline;color:#000000;">d other risks discussed in the C</font><font style="display:inline;color:#000000;">ompany</font><font style="display:inline;color:#000000;">&#x2019;</font><font style="display:inline;color:#000000;">s most recent Annual Report on Form 10-K for the year ended December 31, </font><font style="display:inline;color:#000000;">2015</font><font style="display:inline;color:#000000;">, and </font><font style="display:inline;color:#000000;">in the C</font><font style="display:inline;color:#000000;">ompany</font><font style="display:inline;color:#000000;">&#x2019;</font><font style="display:inline;color:#000000;">s other filings with the SEC, which are available free of charge on the SEC</font><font style="display:inline;color:#000000;">&#x2019;</font><font style="display:inline;color:#000000;">s website at www.sec.gov. Should one or more of these risks or uncertainties materialize (or the other consequences of such a development worsen), or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or expressed or implied by such forward-looking statements. All subsequent written and oral forward-looking </font><font style="display:inline;color:#000000;">statements attributable to the C</font><font style="display:inline;color:#000000;">ompany or to persons acting on our behalf are expressly qualified in their entirety by reference to these risks and uncertainties. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law. All non-GAAP financial measure reconciliations to the most comparative GAAP measure are displayed in</font><font style="display:inline;color:#000000;"> quantitative schedules on the C</font><font style="display:inline;color:#000000;">ompany</font><font style="display:inline;color:#000000;">&#x2019;</font><font style="display:inline;color:#000000;">s website at www.deepwater.com.</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;"></font>
		</p>
		<p style="margin:0pt;line-height:144.17%;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			</p></div><div style="margin-left:8.16993464052288%;margin-right:8.16993464052288%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;line-height:144.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">

			&nbsp;

		</p>

</div></div><div style="margin-left:8.16993464052288%;margin-right:8.16993464052288%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:8.16993464052288%;margin-right:8.16993464052288%;"><div style="width:100%">

		<p style="margin:0pt;line-height:144.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">

			&nbsp;

		</p>

</div></div><div style="margin-left:8.16993464052288%;margin-right:8.16993464052288%;"><p style="margin:0pt;line-height:144.17%;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"><font style="display:inline;font-weight:bold;">SIGNATURES</font>
		</p>
		<p style="margin:0pt;line-height:144.17%;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:144.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">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.</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 7pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:512.00pt;margin-left:3pt;">
			<tr>
				<td valign="bottom" style="width:250.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 3pt;height:1.00pt">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:28.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 3pt;height:1.00pt">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:234.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 3pt;height:1.00pt">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:250.00pt;padding:0pt 0pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						<font style="display:inline;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="width:262.00pt;padding:0pt 2pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 3pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;color:#000000;">TRANSOCEAN LTD.</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:250.00pt;padding:0pt 0pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						<font style="display:inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:28.00pt;padding:0pt 0pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:234.00pt;padding:0pt 0pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:250.00pt;padding:0pt 0pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						<font style="display:inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:28.00pt;padding:0pt 0pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:234.00pt;padding:0pt 0pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:250.00pt;padding:0pt 2pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 3pt 2pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;color:#000000;">Date: March </font><font style="display:inline;color:#000000;">8</font><font style="display:inline;color:#000000;">, 2016</font></p>
				</td>
				<td valign="top" style="width:28.00pt;padding:0pt 2pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 3pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;color:#000000;">By</font></p>
				</td>
				<td valign="top" style="width:234.00pt;border-bottom:1pt solid #000000 ;padding:0pt 2pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 3pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;color:#000000;">/s/ Daniel Ro-Trock</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:250.00pt;padding:0pt 0pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						<font style="display:inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:28.00pt;padding:0pt 0pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:234.00pt;padding:0pt 2pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 3pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;color:#000000;">Daniel Ro-Trock</font></p>
				</td>
			</tr>
			<tr>
				<td valign="bottom" style="width:250.00pt;padding:0pt 0pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						<font style="display:inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:28.00pt;padding:0pt 0pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:234.00pt;padding:0pt 2pt 0pt 3pt;height:14.00pt">
					<p style="margin:2pt 3pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;color:#000000;">Authorized Person</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:144.17%;text-align:center;font-family:Times New Roman,Times,serif;font-size: 12pt;">
			</p></div><div style="margin-left:8.16993464052288%;margin-right:8.16993464052288%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;line-height:144.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">

			&nbsp;

		</p>

</div></div><div style="margin-left:8.16993464052288%;margin-right:8.16993464052288%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:8.16993464052288%;margin-right:8.16993464052288%;"><div style="width:100%">

		<p style="margin:0pt;line-height:144.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">

			&nbsp;

		</p>

</div></div><div style="margin-left:8.16993464052288%;margin-right:8.16993464052288%;"><p style="margin:0pt;line-height:144.17%;text-align:center;font-family:Times New Roman,Times,serif;font-size: 12pt;"><font style="display:inline;font-weight:bold;font-size:12pt;">Index to Exhibits</font>
		</p>
		<p style="margin:0pt;line-height:144.17%;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:144.17%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">Exhibit</font>
		</p>
		<p style="margin:0pt;line-height:144.17%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;color:#000000;text-decoration:underline;">Number</font><font style="display:inline;color:#000000;text-decoration:underline;;font-size: 10pt;font-family:Times New Roman,Times,serif;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display:inline;"></font><font style="display:inline;;font-size: 10pt;font-family:Times New Roman,Times,serif;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display:inline;"></font><font style="display:inline;color:#000000;text-decoration:underline;">Description</font>
		</p>
		<p style="margin:0pt;line-height:144.17%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:144.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">99.1</font><font style="display:inline;;font-size: 10pt;font-family:Times New Roman,Times,serif;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display:inline;"></font><font style="display:inline;;font-size: 10pt;font-family:Times New Roman,Times,serif;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display:inline;"></font><font style="display:inline;">Press Release Announcing </font><font style="display:inline;">High-Specification Jackup Delivery Delay</font>
		</p>
		<p style="margin:0pt;line-height:144.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
		</p></div><div style="margin-left:8.16993464052288%;margin-right:8.16993464052288%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;line-height:144.17%;font-family:Times New Roman,Times,serif;font-size: 10pt;">

			&nbsp;

		</p>

</div></div><div style="margin-left:8.16993464052288%;margin-right:8.16993464052288%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr></div>
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RIG_Currentfolio_8-K_2016-03-08
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
March
8
, 2016
TRANSOCEAN LTD.
(Exact name of registrant as specified in its charter)
Switzerland
000-53533
98-0599916
(State or other jurisdiction of
incorporation or organization)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
10 Chemin de Blandonnet
1214 Vernier, Geneva
Switzerland
CH-1214
(Address of principal executive offices)
(zip code)
Registrant
'
s telephone number, including area code:
+41 (22) 930-9000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (
see
General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01
.
Other Events
On
March
8
, 2016
,
Transocean Ltd. (the
"
Company
"
) issued a press release announcing a mutual agreement with Keppel Offshore & Marine Ltd
'
s
shipyard, Keppel FELS, to defer the delivery and related payment
s
of five high-specification jackups until 2020.
A copy of the press release is attached hereto and incorporated herein by reference as Exhibit 99.1
.
Item 9.01.  Financial Statements and Exhibits
(d)  Exhibits.
Exhibit No.
Description
99.1
Press Release Announcing High-Specification Jackup Delivery Delay
The statements
described in this
Form 8-K
and referenced press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements contain words such as
"
possible,
"
"
intend,
"
"
will,
"
"
if,
"
"
expect
"
or other similar expressions. Forward-looking statements are based on management
'
s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, actual results could differ materially from those indicated in these forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, estimated duration of customer contracts, contract dayrate amounts, future contract commencement dates and locations, planned sh
ipyard projects, timing of the C
ompany
'
s newbuild deliveries, operating hazards and delays, risks associated with international operations, actions by customers and other third parties, the future prices of oil and gas, the intention to scrap certain drilling rigs and other factors, including those an
d other risks discussed in the C
ompany
'
s most recent Annual Report on Form 10-K for the year ended December 31,
2015
, and
in the C
ompany
'
s other filings with the SEC, which are available free of charge on the SEC
'
s website at www.sec.gov. Should one or more of these risks or uncertainties materialize (or the other consequences of such a development worsen), or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or expressed or implied by such forward-looking statements. All subsequent written and oral forward-looking
statements attributable to the C
ompany or to persons acting on our behalf are expressly qualified in their entirety by reference to these risks and uncertainties. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law. All non-GAAP financial measure reconciliations to the most comparative GAAP measure are displayed in
quantitative schedules on the C
ompany
'
s website at www.deepwater.com.
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: March
8
, 2016
By
/s/ Daniel Ro-Trock
Daniel Ro-Trock
Authorized Person
Index to Exhibits
Exhibit
Number
Description
99.1
Press Release Announcing
High-Specification Jackup Delivery Delay