Acergy Appoints Simon Crowe as Chief Financial Officer

Acergy announced that Simon Crowe will be appointed to the position of Chief Financial Officer with effect from October 2009.

Simon joins Acergy from Transocean Ltd. where he was most recently Vice President, Strategy and Planning and previously Finance Director of Transocean's Europe & Africa Business Unit, covering 15 countries and delivering revenue in excess of $5 billion.

Simon has held senior financial, strategic and corporate finance positions across a range of industries, including several international energy
companies. Simon holds a degree in Physics from Liverpool University, United Kingdom. In addition, he is a member of the Chartered Institute of Management Accountants in the U.K.

Jean Cahuzac, Chief Executive Officer, said, "Simon is an accomplished executive with strong experience in both Finance and Strategy roles. He also brings the team at Acergy a comprehensive knowledge of the global energy industry. I am confident he will make a great contribution to our business."

Commenting, Simon Crowe, said, "I am delighted to be joining the Acergy management team at a time of significant medium-term business opportunities. Acergy has a strong reputation with clients, employees and shareholders and a leading position in an attractive market."