Acergy S.A. Awarded Offshore Installation Contract in Angola

Acergy S.A. had been awarded a contract by Cabinda Gulf Oil Company, a subsidiary of Chevron, for the installation of the exportpipeline system on the Tombua Landana development offshore Cabinda, Angola.

The contract, valued at approximately $150 million, is for the installation and tie-in of two export pipelines that will connect the Tombua Landana drilling and production platform and the Benguela Belize oil and gas pipeline transportation system. Offshoreinstallation is planned for mid 2008.

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