Acergy Names Simon Crowe as New CFO

Acergy has confirmed Simon Crowe's commencement as Chief Financial Officer.

Simon is a member of the Chartered Institute of Management Accountants in the U.K. with 16 years of experience in senior financial, strategic and corporate finance positions across a range of industries, including 10 years in the global oil and gas industry.

He joins Acergy S.A. 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.

Upon his arrival, Mr. Crowe received a joining bonus for the compulsory purchase of shares in the Company. 14,250 shares were purchased on October 19, 2009 in open market transactions at an average price of $13.47 per share. Following this transaction, Mr. Crowe owns 14,250 shares.