Phelps Advises The Chouest Group in its Acquisition of Champagne Energy Solutions

Phelps advised The Chouest Group, a privately held, family-owned company with a global presence across energy services, specialized engineering, shipbuilding, subsea services and advanced technology manufacturing, in its acquisition of Champagne Energy Solutions (CES), a leading provider of offshore decommissioning, plug and abandonment (P&A) and environmental services. The transaction represents The Chouest Group’s first acquisition in its strategic expansion into the offshore decommissioning sector.

The acquisition aligns with the company’s  long‑term strategy of building a vertically integrated services platform that combines marine logistics, subsea robotics, engineering and environmental services under a single platform. CES will continue operating with its existing leadership and team, ensuring continuity for customers and ongoing projects while benefiting from The Chouest Group’s scale and operational capabilities.

More information about this acquisition can be found in the press release.

The Phelps transaction team was led by business lawyers Lee Adler, William Bishop and 
Andrew Meaders, tax lawyer Ryan Moon, environmental lawyer Dave Topping, executive compensation and employee benefits lawyer Mike Williams and employment lawyer Rebecca Sha.