Subsea 7 and Acergy to become Subsea 7 only this week

Acergy and Subsea 7 today jointly said that they expect to complete the combination of the two by the end of this week. The new company will be named Subsea 7 S.A and will be the worlds biggest subsea seabed-to-surface engineering and construction company.
Subsea 7 today is one of the world's leading subsea engineering and construction companies. With a work force of about 5,500, the focus areas are on deepwater subsea umbilical, riser and flowline markets. They operate in Africa, Asia Pacific, Brazil and the Gulf of Mexico, and also play a leading role in the North Sea. Acergy is a seabed-to-surface engineering and construction contractor to the offshore oil and gas industry worldwide, employing 6,500 people.
The new company will provide access for their clients to a high-end, well diversified fleet, comprising in aggregate 43 vessels.
Source: Press release