Deals Counterparts

Chouest Group acquires Alliance business from Helix Energy Solutions Group

Acquisition Oil Gas announced United States May 1, 2026

Chouest Group completed the acquisition of the Alliance business from Helix Energy Solutions Group, integrating it into Champagne Energy Solutions (CES) to expand its offshore decommissioning and plug-and-abandonment (P&A) platform. The transaction strengthens Chouest Group's strategy to deliver end-to-end offshore solutions focused on late-life asset management and decommissioning. The combined platform will offer services including P&A, subsea intervention, marine logistics, and infrastructure removal across the offshore energy sector. Johnson Rice & Company served as the financial advisor to Chouest Group on the deal. The acquisition builds on the recent formation of CES and advances Chouest Group's integrated offshore energy service capabilities.

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Timeline

Announced
May 1, 2026
Signed
Closed

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