Acergy S.A. Announces Fabrication Contract for Its Globestar Yard in Warri, Nigeria

LONDON, May 20 (MARKET WIRE) --
Acergy S.A. (NASDAQ: ACGY) (OSLO: ACY) announced today the award of a contract
valued at approximately $50 million for the fabrication, assembly and testing
of eight manifolds and support structures, eight suction piles, twenty-three
well
jumpers and other subsea structures for the Usan Oilfield located offshore
Nigeria on behalf of Cameron Offshore Systems Nigeria Ltd. The work will be
undertaken at our Globestar Yard in Warri, Nigeria.

Olivier Carre, Vice President, Acergy Africa and Mediterranean said: "We are
pleased to be awarded this contract which builds upon previous successful
contracts with Cameron. This contract demonstrates that our decision, in
2005, to invest in developing specialist skills in our Globestar Yard to
deliver world class fabrication for our clients, has proven to be a
successful strategy. The yard in Warri is an integral part of our business
and continues to reflect our commitment to the Nigerian Oil and Gas sector."

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.

Forward-Looking Statements: Certain statements made in this announcement may
include
"forward-looking statements" within the meaning of Section 27A of the
Securities Act and Section 21E of the US Securities Exchange Act of 1934.
These statements may be identified by the use of words like "anticipate,"
"believe," "estimate," "expect," "intend," "may," "plan," "forecast," "project,"
"will," "should," "seek," and similar expressions. These forward-looking
statements
include, but are not limited to, statements as to the combined value of the
awarded contracts, statements as to the date of commencement and completion
of each awarded contract and statements as to the scope of each awarded
contract. The forward-looking statements reflect our current views and
assumptions and
are subject to risks and uncertainties. The following factors, and others
which are discussed in our public filings and submissions with the U.S.
Securitiesand Exchange Commission, are among those that may cause actual and
future
results and trends to differ materially from our forward-looking statements: our
ability
to recover costs on significant projects; the general economic conditions and
competition in the markets and businesses in which we operate; our relationship
with
significant clients; the outcome of legal proceedings or governmental enquiries;
uncertainties inherent in operating internationally; the timely delivery of
ships on order and the timely completion of ship conversion programmes; the
impact of laws and regulations; and operating hazards, including spills and
environmentaldamage. Many of these factors are beyond our ability to control or
predict.
Given these factors, you should not place undue reliance on the
forward-looking statements.

Contact:
Karen Menzel
Acergy S.A.
+44 (0)20 8210 5568
Email Contact

www.acergy-group.com

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