Acergy Wins Angolan Deepwater Construction Project

Acergy S.A.

Acergy S.A. has been awarded a contract valued at approximately $125 million for a deepwater SURF installation project offshore Angola. The installation work is scheduled to take place during the first half of 2008.

Acergy S.A. is a seabed-to-surface engineering and construction contractor for the offshore oil and gas industry worldwide. We plan, design and deliver complex, integrated projects in harsh and challenging environments. We operate internationally as one group -- globally aware and locally sensitive, sharing our expertise and experience to create innovative solutions. We are more than solution providers, we are solution partners -- ready to make long-term investments in our people, assets, know-how and relationships in support of our clients.