Acergy S.A. was an international offshore seabed to surface engineering and construction

company A company, abbreviated as co., is a Legal personality, legal entity representing an association of people, whether Natural person, natural, Legal person, legal or a mixture of both, with a specific objective. Company members share a common p ...

previously known as Stolt Offshore and Stolt Comex Seaway and was part of the Stolt-Nielsen Group until 2005. The company was registered in Luxembourg and had its headquarters in London in the United Kingdom as well as offices in

Stavanger Stavanger (, , American English, US usually , ) is a city and municipalities of Norway, municipality in Norway. It is the fourth largest city and third largest metropolitan area in Norway (through conurbation with neighboring Sandnes) and the a ...

, Norway; Aberdeen, United Kingdom; Suresnes, France; Houston, United States; Rio de Janeiro, Brazil; Perth,

Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...

; St. John's, Canada and Singapore. The company was listed on the

Oslo Stock Exchange Oslo Stock Exchange ( no, Oslo Børs) (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, deriv ...

and

NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

. In 2011 the firm merged with Cayman Islands-based Subsea 7, Inc. to create Subsea 7 S.A.

History

The company started as the

Haugesund Haugesund () is a municipality on the North Sea in Rogaland county, Norway. While the population is greater in the neighboring Karmøy municipality, the main commercial and economic centre of the Haugaland region in northern Rogaland and southern ...

based Stolt Nielsen Seaway and offered divers for the exploration of the North Sea in 1970. The company was part of the Stolt-Nielsen Group. In 1989 the company expanded to Aberdeen and in 1992 the company acquired the French diving company Comex Services. In 1997 the company won its first ultra-deepwater contract off West Africa, resulting in the acquisition of Houston based Ceanic Corporation, Danish

NKT Flexibles NKT Flexibles is a supplier of flexible pipelines for the offshore and chemical industries based in Denmark. NKT Flexibles was acquired by the Houston, Texas-based company National Oilwell Varco (renamed NOV Inc. in 2021) in 2012 for . The com ...

and ETPM of France. In 2000 the company changed its name to Stolt Offshore. In 2005 the Stolt-Nielsen Group sold its ownership in the company and listed it on the Oslo Stock Exchange and NASDAQ. As of 1 March 2006 the company changed its name to Acergy. On 21 June 2010 the combination of Acergy S.A. and Subsea 7 Inc. was announced and was completed on 7 January 2011. The new entity took the Subsea 7 name while retaining Acergy's Luxembourg domicile and operational headquarters in London. The chairman and chief executive roles were filled by Kristian Siem and Jean Cahuzac, who had previously held the same roles at Subsea 7 and Acergy respectively.

Operations

The company had four main operational areas:

Subsea Umbilical Risers and Flowlines Subsea technology involves fully submerged ocean equipment, operations, or applications, especially when some distance offshore, in deep ocean waters, or on the seabed. The term ''subsea'' is frequently used in connection with oceanography, marin ...

(SURF); Inspection, Maintenance and Repair (IMR) and Conventional Field Development.

Joint ventures

Main Joint Ventures included: Seaway Heavy Lifting in Netherlands,

in Denmark, SapuraAcergy in Malaysia,

Global Oceon Engineers Global means of or referring to a globe and may also refer to: Entertainment * ''Global'' (Paul van Dyk album), 2003 * ''Global'' (Bunji Garlin album), 2007 * ''Global'' (Humanoid album), 1989 * ''Global'' (Todd Rundgren album), 2015 * Bruno ...

in Nigeria.

Assets

Ships: Acergy Condor, Acergy Discovery, Acergy Eagle, Acergy Falcon, Acergy Harrier, Acergy Hawk, Acergy Legend, Acergy Osprey, Acergy Petrel, Acergy Viking, Far Saga (time charter), Skandi Acergy (time charter), Pertinacia, Polar Queen, ''Polarbjørn'' (time charter), Sapura 3000 (owned by SapuraAcergy Joint Venture), Stanislav Yudin (owned by Seaway Heavy Lifting Joint Venture), Oleg Strashnov (newbuild, owned by Seaway Heavy Lifting Joint Venture), Acergy Havila (Newbuild), Acergy Borealis (newbuild), Seven Waves (newbuild 2013) Barges: Acergy Polaris, Antares, Acergy Orion

References

{{Authority control Engineering companies of the United Kingdom Construction and civil engineering companies of England Companies formerly listed on the Oslo Stock Exchange British companies disestablished in 2001 British companies established in 1970 Construction and civil engineering companies established in 1970