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Subsea 7 Proxy Solicitation & Information Statement 2010

Nov 18, 2010

6244_rns_2010-11-18_d7872197-1e17-4657-9ff4-3c5b055d31b6.html

Proxy Solicitation & Information Statement

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Acergy S.A. announces Extraordinary General Meeting of Shareholders

London, England - November 18, 2010 - Acergy S.A.

(NASDAQ-GS: ACGY; Oslo Stock Exchange: ACY) ("the

Company") announces an Extraordinary General Meeting

of Shareholders (the "Meeting") to be held on Monday

December 20, 2010 at 12.00 p.m. local time at the

offices of SGG S.A., 412F, route d'Esch, L-2086

Luxembourg.

The sole purpose of the Meeting is to appoint Mr. Bob

Long as the ninth Director of the Board of Subsea 7

S.A.. Mr. Long, formerly Chief Executive Officer and

Director of Transocean Ltd. has extensive knowledge

and experience of the offshore oil services industry,

including involvement in four major mergers which

made Transocean the leader in the offshore drilling

industry. His appointment as an independent Non-

executive Director is proposed and endorsed jointly

by the Chairmen of Acergy S.A. and Subsea 7 Inc..

At this Meeting there is no requirement for quorum

and Mr. Long's appointment will require a simple

majority of the votes cast to be approved.

All shareholders of record as of November 23, 2010

will be entitled to vote at this Meeting. The Notice

of Meeting will be distributed to eligible

shareholders no later than November 29, 2010. The

deadline for submission of votes for holders of

American Depositary Shares is Thursday December 9,

2010 and for holders of Common Shares is Monday

December 13, 2010.

******************************************************

Acergy S.A. is a seabed-to-surface engineering and

construction contractor to the offshore oil and gas

industry worldwide. We provide integrated services,

and we plan, design and deliver complex projects in

harsh and challenging environments.

******************************************************

Contact:

Karen Menzel

Acergy S.A.

+44 (0)20 8210 5568

[email protected]

www.acergy-group.com

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