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			rig_8K_EarningsRelease
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			<font style="display:inline;font-family:Arial Narrow;font-weight:bold;">UNITED STATES</font>
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			<font style="display:inline;font-family:Arial Narrow;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</font>
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			<font style="display:inline;font-family:Arial Narrow;font-weight:bold;">Washington, D.C. 20549</font>
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		<div style="margin-top:8pt;margin-bottom:8pt;"><hr style="border-width:0;width:25%;height:1pt;color:#000;background-color:#000;" align="center"></hr></div>
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			<font style="display:inline;font-family:Arial Narrow;font-weight:bold;font-size:14pt;">FORM&nbsp;8&#8209;K</font>
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			<font style="display:inline;font-family:Arial Narrow;font-size:12pt;">&nbsp;</font>
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			<font style="display:inline;font-family:Arial Narrow;font-weight:bold;font-size:14pt;">CURRENT REPORT</font>
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			<font style="display:inline;font-family:Arial Narrow;">PURSUANT TO SECTION&nbsp;13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</font>
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			<font style="display:inline;font-family:Arial Narrow;">Date of report (date of earliest event reported): </font><font style="display:inline;font-family:Arial Narrow;font-weight:bold;">July&nbsp;29, 2019</font>
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		<div style="margin-top:8pt;margin-bottom:8pt;"><hr style="border-width:0;width:25%;height:1pt;color:#000;background-color:#000;" align="center"></hr></div>
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			<font style="display:inline;font-family:Arial Narrow;font-weight:bold;font-size:14pt;"><img src="rig20190729x8k001.jpg" style="width: 2.053572in; height: 0.4964064in" alt="C:\Users\Theresa.Parrish\Desktop\Transocean_Teal7708-01 (002).jpg"></font>
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		<p style="margin:6pt 0pt 0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 15pt;">
			<font style="display:inline;font-family:Arial Narrow;font-weight:bold;font-size:15pt;">TRANSOCEAN&nbsp;LTD.</font>
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		<p style="margin:0pt 0pt 8pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 9pt;">
			<font style="display:inline;font-family:Arial Narrow;font-size:9pt;">(Exact name of registrant as specified in its charter)</font>
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		<p style="margin:0pt 0pt 8pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;">
			<font style="display:inline;font-family:Arial Narrow;font-size:8pt;">&nbsp;</font>
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			<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font>
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						<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:1pt;">&nbsp;</font></p>
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						<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:1pt;">&nbsp;</font></p>
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						<font style="display:inline;font-family:Arial,Helvetica,sans-serif;font-size:1pt;">&nbsp;</font></p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;font-weight:bold;">Switzerland</font></p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;font-weight:bold;">001-38373</font></p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;font-weight:bold;">98-0599916</font></p>
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						<font style="display:inline;font-family:Arial Narrow;font-size:9pt;">(State or other jurisdiction of incorporation or organization)</font></p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 9pt;">
						<font style="display:inline;font-family:Arial Narrow;font-size:9pt;">(Commission file number)</font></p>
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						<font style="display:inline;font-family:Arial Narrow;font-size:9pt;">(I.R.S. Employer Identification No.)</font></p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
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				<td valign="top" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:18.00pt;padding:0pt 6.5pt">
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						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;font-weight:bold;">Turmstrasse 30</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;font-weight:bold;">Steinhausen, Switzerland</font></p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
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						<font style="display:inline;font-family:Arial Narrow;font-weight:bold;">6312</font></p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;">
						<font style="display:inline;font-family:Arial Narrow;font-size:8pt;">(Address of principal executive offices)</font></p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;">
						<font style="display:inline;font-family:Arial Narrow;font-size:8pt;">&nbsp;</font></p>
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				<td valign="top" style="width:208.80pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;">
						<font style="display:inline;font-family:Arial Narrow;font-size:8pt;">(Zip Code)</font></p>
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				<td valign="top" style="width:208.80pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:18.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
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				<td valign="top" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:18.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
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				<td valign="top" style="width:208.80pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:18.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;">
						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
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				<td colspan="3" valign="top" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;font-weight:bold;">+41 (41) &nbsp;749-0500</font></p>
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				<td colspan="3" valign="top" style="width:auto;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;">
						<font style="display:inline;font-family:Arial Narrow;font-weight:bold;font-size:8pt;">(Registrant&#x2019;s telephone number, including area code)</font></p>
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			</tr>
		</table></div>
		<div style="margin-top:6pt;margin-bottom:6pt;"><hr style="border-width:0;width:25%;height:1pt;color:#000;background-color:#000;" align="center"></hr></div>
		<p style="margin:0pt;text-indent:18pt;font-family:Times New Roman,Times,serif;font-size: 9pt;">
			<font style="display:inline;font-family:Arial Narrow;font-size:9pt;">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 (</font><font style="display:inline;font-family:Arial Narrow;font-style:italic;font-size:9pt;">see </font><font style="display:inline;font-family:Arial Narrow;font-size:9pt;">General Instruction A.2. below):</font>
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		<p style="margin:4pt 0pt 0pt;text-indent:18pt;font-family:Times New Roman,Times,serif;font-size: 9pt;">
			<font style="display:inline;font-size:9pt;">&#x2610;</font><font style="display:inline;font-family:Arial Narrow;font-size:9pt;"> &nbsp;Written communications pursuant to Rule&nbsp;425 under the Securities Act (17&nbsp;CFR&nbsp;230.425)</font>
		</p>
		<p style="margin:4pt 0pt 0pt;text-indent:18pt;font-family:Times New Roman,Times,serif;font-size: 9pt;">
			<font style="display:inline;font-size:9pt;">&#x2610;</font><font style="display:inline;font-family:Arial Narrow;font-size:9pt;"> &nbsp;Soliciting material pursuant to Rule&nbsp;14a&#8209;12 under the Securities Act (17&nbsp;CFR&nbsp;240.14a&#8209;12)</font>
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		<p style="margin:4pt 0pt 0pt;text-indent:18pt;font-family:Times New Roman,Times,serif;font-size: 9pt;">
			<font style="display:inline;font-size:9pt;">&#x2610;</font><font style="display:inline;font-family:Arial Narrow;font-size:9pt;"> &nbsp;Pre-commencement communications pursuant to Rule&nbsp;14d&#8209;2(b) under the Exchange Act (17&nbsp;CFR&nbsp;240.14d&#8209;2(b))</font>
		</p>
		<p style="margin:4pt 0pt 0pt;text-indent:18pt;font-family:Times New Roman,Times,serif;font-size: 9pt;">
			<font style="display:inline;font-size:9pt;">&#x2610;</font><font style="display:inline;font-family:Arial Narrow;font-size:9pt;"> &nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font>
		</p>
		<p style="margin:0pt;text-indent:18pt;font-family:Times New Roman,Times,serif;font-size: 9pt;">
			<font style="display:inline;font-family:Arial Narrow;font-size:9pt;">&nbsp;</font>
		</p>
		<p style="margin:4pt 0pt 0pt;text-indent:18pt;font-family:Times New Roman,Times,serif;font-size: 9pt;">
			<font style="display:inline;font-family:Arial Narrow;font-size:9pt;">Securities registered pursuant to Section 12(b) of the Act:</font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;">
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				<td valign="top" style="width:108.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<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>
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				<td valign="top" style="width:72.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<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="top" style="width:144.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<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>
			</tr>
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				<td valign="top" style="width:108.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 6.5pt">
					<p style="margin:2pt 0pt 0pt;text-indent:0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial Narrow;font-size: 9pt;">
						<font style="display:inline;">Title of each class</font></p>
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					<p style="margin:2pt 0pt 0pt;text-indent:0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial Narrow;font-size: 9pt;">
						<font style="display:inline;">Trading symbol</font></p>
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				<td valign="top" style="width:144.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 6.5pt">
					<p style="margin:2pt 0pt 0pt;text-indent:0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial Narrow;font-size: 9pt;">
						<font style="display:inline;">Name of each exchange on which registered</font></p>
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				<td valign="top" style="width:108.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 6.5pt">
					<p style="margin:2pt 0pt 0pt;text-indent:0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial Narrow;font-size: 9pt;">
						<font style="display:inline;">Shares, CHF 0.10 par value</font></p>
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				<td valign="top" style="width:72.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 6.5pt">
					<p style="margin:2pt 0pt 0pt;text-indent:0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial Narrow;font-size: 9pt;">
						<font style="display:inline;">RIG</font></p>
				</td>
				<td valign="top" style="width:144.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 6.5pt">
					<p style="margin:2pt 0pt 0pt;text-indent:0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial Narrow;font-size: 9pt;">
						<font style="display:inline;">New York Stock Exchange</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:4pt 0pt 0pt;text-indent:18pt;font-family:Times New Roman,Times,serif;font-size: 9pt;">
			<font style="display:inline;font-family:Arial Narrow;font-size:9pt;">&nbsp;</font>
		</p>
		<p style="margin:4pt 0pt 0pt;text-indent:18pt;font-family:Times New Roman,Times,serif;font-size: 9pt;">
			<font style="display:inline;font-family:Arial Narrow;font-size:9pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (&#xA7;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#xA7;240.12b-2 of this chapter).</font>
		</p>
		<p style="margin:4pt 0pt 0pt;text-indent:18pt;font-family:Times New Roman,Times,serif;font-size: 9pt;">
			<font style="display:inline;font-family:Arial Narrow;font-size:9pt;">Emerging growth company </font><font style="display:inline;font-size:9pt;">&#x2610;</font>
		</p>
		<p style="margin:4pt 0pt 0pt;text-indent:18pt;font-family:Times New Roman,Times,serif;font-size: 9pt;">
			<font style="display:inline;font-family:Arial Narrow;font-size:9pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. </font><font style="display:inline;font-size:9pt;">&#x2610;</font>
		</p>
		<p style="margin:4pt 0pt 0pt;text-indent:18pt;font-family:Times New Roman,Times,serif;font-size: 9pt;">
			<font style="display:inline;font-family:Arial Narrow;font-size:9pt;">&nbsp;</font>
		</p>
		<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;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			&nbsp;
		</p>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;"></font></p></div><div style="">
		<p><font size="1"> </font></p><div style="width:100%">

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

			&nbsp;

		</p>

</div></div></div><div style="margin-left:8.82352941176471%;margin-right:8.82352941176471%;page-break-after:always;"><div style="background-color:#000000;clear:both;height:2pt;border:0;margin:30pt 0pt 30pt 0pt;"></div></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><div style="width:100%">

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

			&nbsp;

		</p>

</div></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"><font style="display:inline;"></font>
		</p>
		<p style="margin:15pt 0pt 6pt 54pt;text-indent:-54pt;font-family:Arial Narrow;font-weight:bold;font-size: 11pt;">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:19pt;"><font style="display:inline;">Item 2.02.</font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left">Results of Operations and Financial Condition</font></font>
		</p>
		<p style="margin:3pt 0pt 6pt;line-height:100%;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial Narrow;font-size: 10pt;">
			<font style="display:inline;">Our press release dated July&nbsp;29, 2019, concerning financial results for the second&nbsp;quarter&nbsp;2019, furnished as Exhibit&nbsp;99.1 to this report, is incorporated by reference herein.</font>
		</p>
		<p style="margin:15pt 0pt 6pt 54pt;text-indent:-54pt;font-family:Arial Narrow;font-weight:bold;font-size: 11pt;">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:19pt;"><font style="display:inline;">Item 9.01.</font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left">Financial Statements and Exhibits</font></font>
		</p>
		<p style="margin:12pt 0pt 3pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial Narrow;font-weight:bold;font-size: 10pt;">
			<font style="display:inline;">(d)&nbsp;&nbsp;Exhibits</font>
		</p>
		<p style="margin:3pt 0pt 6pt;line-height:100%;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial Narrow;font-size: 10pt;">
			<font style="display:inline;">The exhibit to this report is furnished pursuant to Item 9.01 as follows:</font>
		</p>
		<p style="margin:3pt 0pt 6pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;">
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:08.42%;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-family:Arial Narrow;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:91.58%;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-family:Arial Narrow;font-size:1pt;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:08.42%;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 9pt;">
						<font style="display:inline;font-family:Arial Narrow;font-weight:bold;font-size:9pt;text-decoration:underline;">Number</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:91.58%;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 9pt;">
						<font style="display:inline;font-family:Arial Narrow;font-weight:bold;font-size:9pt;text-decoration:underline;">Description</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:08.42%;padding:0pt 6.5pt">
					<p style="margin:3pt 0pt 0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;">99.1</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:91.58%;padding:0pt 6.5pt">
					<p style="margin:3pt 0pt 0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;">Press Release Reporting Second&nbsp;Quarter&nbsp;2019 Financial Results</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:3pt 0pt 6pt;line-height:100%;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial Narrow;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;font-family:Arial Narrow;"></font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;"></font></p></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;">
		<p><font size="1"> </font></p><div style="width:100%">

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

			&nbsp;

		</p>

</div></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;page-break-after:always;"><div style="background-color:#000000;clear:both;height:2pt;border:0;margin:30pt 0pt 30pt 0pt;"></div></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><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:10.2941176470588%;margin-right:10.2941176470588%;"><p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"><font style="display:inline;"></font>
		</p>
		<p style="margin:15pt 0pt 6pt 54pt;text-indent:-54pt;font-family:Arial Narrow;font-weight:bold;font-size: 11pt;">
			<font style="display:inline;">Index to Exhibits</font>
		</p>
		<p style="margin:3pt 0pt 6pt;line-height:100%;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial Narrow;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;">
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:08.42%;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-family:Arial Narrow;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:91.58%;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;font-family:Arial Narrow;font-size:1pt;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:08.42%;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 9pt;">
						<font style="display:inline;font-family:Arial Narrow;font-weight:bold;font-size:9pt;text-decoration:underline;">Number</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:91.58%;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 9pt;">
						<font style="display:inline;font-family:Arial Narrow;font-weight:bold;font-size:9pt;text-decoration:underline;">Description</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:08.42%;padding:0pt 6.5pt">
					<p style="margin:3pt 0pt 0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;">99.1</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:91.58%;padding:0pt 6.5pt">
					<p style="margin:3pt 0pt 0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<a href="rig-20190729ex9910f031d.htm"><font style="display:inline;font-family:Arial Narrow;">Press Release Reporting Second&nbsp;Quarter&nbsp;2019 Financial Results</font></a></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:3pt 0pt 6pt;line-height:100%;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial Narrow;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<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;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;"></font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
			<font style="display:inline;"></font></p></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;">
		<p><font size="1"> </font></p><div style="width:100%">

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

			&nbsp;

		</p>

</div></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;page-break-after:always;"><div style="background-color:#000000;clear:both;height:2pt;border:0;margin:30pt 0pt 30pt 0pt;"></div></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><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:10.2941176470588%;margin-right:10.2941176470588%;"><p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"><font style="display:inline;"></font>
		</p>
		<p style="margin:15pt 0pt 6pt 54pt;text-indent:-54pt;font-family:Arial Narrow;font-weight:bold;font-size: 11pt;">
			<font style="display:inline;">SIGNATURES</font>
		</p>
		<p style="margin:3pt 0pt 6pt;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial Narrow;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:3pt 0pt 6pt;border-top:1pt none #D9D9D9 ;line-height:100%;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial Narrow;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;">
			<tr>
				<td valign="top" style="width:50.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<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="top" style="width:04.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<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="top" style="width:45.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<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>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.00%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:50.00%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;color:#000000;">TRANSOCEAN LTD.</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.00%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:50.00%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.00%;padding:0pt;">
					<p style="margin:0pt 3pt 0pt 0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:04.62%;padding:0pt;">
					<p style="margin:0pt 3pt 0pt 0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:45.38%;padding:0pt;">
					<p style="margin:0pt 3pt 0pt 0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.00%;padding:0pt;">
					<p style="margin:0pt 3pt 0pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;color:#000000;">Date: July&nbsp;29, 2019</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:04.62%;padding:0pt;">
					<p style="margin:0pt 3pt 0pt 0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;color:#000000;">By</font></p>
				</td>
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					<p style="margin:0pt 3pt 0pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;color:#000000;">/s/ Daniel Ro-Trock</font></p>
				</td>
			</tr>
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						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
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				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:04.62%;padding:0pt;">
					<p style="margin:0pt 3pt 0pt 0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
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				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:45.38%;border-top:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 3pt 0pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;color:#000000;">Daniel Ro-Trock</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:50.00%;padding:0pt;">
					<p style="margin:0pt 3pt 0pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
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						<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font></p>
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					<p style="margin:0pt 3pt 0pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;">
						<font style="display:inline;font-family:Arial Narrow;color:#000000;">Authorized Person</font></p>
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			<font style="display:inline;font-family:Arial Narrow;">&nbsp;</font>
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{"company-data": {"conformed-name": "Transocean Ltd.", "cik": "0001451505", "assigned-sic": "1381", "irs-number": "980599916", "state-of-incorporation": "V8", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-38373", "film-number": "19981451"}, "business-address": {"street1": "TURMSTRASSE 30", "city": "STEINHAUSEN", "state": "V8", "zip": "6312", "phone": "41 41 749 0500"}, "mail-address": {"street1": "TURMSTRASSE 30", "city": "STEINHAUSEN", "state": "V8", "zip": "6312"}}
rig_8K_EarningsRelease
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):
July 29, 2019
TRANSOCEAN LTD.
(Exact name of registrant as specified in its charter)
Switzerland
001-38373
98-0599916
(State or other jurisdiction of incorporation or organization)
(Commission file number)
(I.R.S. Employer Identification No.)
Turmstrasse 30
Steinhausen, Switzerland
6312
(Address of principal executive offices)
(Zip Code)
+41 (41)  749-0500
(Registrant's telephone number, including area code)
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 Securities 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))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading symbol
Name of each exchange on which registered
Shares, CHF 0.10 par value
RIG
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 2.02.
Results of Operations and Financial Condition
Our press release dated July 29, 2019, concerning financial results for the second quarter 2019, furnished as Exhibit 99.1 to this report, is incorporated by reference herein.
Item 9.01.
Financial Statements and Exhibits
(d)  Exhibits
The exhibit to this report is furnished pursuant to Item 9.01 as follows:
Number
Description
99.1
Press Release Reporting Second Quarter 2019 Financial Results
Index to Exhibits
Number
Description
99.1
Press Release Reporting Second Quarter 2019 Financial Results
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: July 29, 2019
By
/s/ Daniel Ro-Trock
Daniel Ro-Trock
Authorized Person