ACGY ACERGY SA

Acergy S.A. is an offshore services contractor. It designs, procures, builds, installs and services a range of offshore surface and subsurface infrastructure for the global oil and gas industry. The Company specializes in creating and applying solutions in response to the technical complexities faced by offshore oil and gas companies as they explore and develop production fields in deeper water and offshore environments. During the fiscal year ended November 30, 2005 (fiscal 2005), the Company had six construction support ships; three flowline lay ships; two survey/inspection, repair and maintenance ships; one heavy lift ship; two pipelay barges, and 28 remotely operated vehicle (ROVs). In fiscal 2005, the company operated in 22 countries. In fiscal year 2005, the Company had had 66 clients worldwide.