Acergy has successfully and safely completed its work on the Langeled gas pipeline project one month ahead of schedule.

The Langeled pipeline is Acergy's Northern Europe and Canada region's largest and most significant contract to date. The 1166km pipeline, of which Acergy has installed 980km, will export gas from Nyhamna in Norway and to Easington in the UK.

Acergy was awarded this contract by Statoil on behalf of the Ormen Lange/Langeled operator Hydro and the Langeled partners in 2004. The Acergy Piper, which underwent a major upgrade prior to the project, installed 468km of 44-inch pipe between the Sleipner Platform and Easington during the 2005 season. In 2006, the Acergy Piper installed 354km of 42-inch pipe between Nyhamna and the Sleipner Platform. This included crossing of the Norwegian Trench in water depths of up to 385m. This main scope was completed one month ahead of schedule in August 2006. Statoil awarded Acergy an additional workscope to install 158km of 42-inch pipe, this work was completed in September 2006, also ahead of deadline.

Approximately 100 employees based in Stavanger and 480 offshore staff have been working on the project since Autumn 2004 completing more than 3 million man hours with no lost time incidents. In recognition of Acergy's excellent safety record throughout the project, Statoil has nominated the company for the Chief Executive Officers's HSE Award 2006.

Acergy's Oyvind Mikaelsen, Regional Vice President Northern Europe and Canada said: "This is a major achievement for Acergy and proves that the Acergy Piper is the most efficient pipe laying barge in the world and is a market leader in trunkline installation with its superior production processes and efficiency.