Phelps Guides Chouest Group in its Acquisition of Alliance Business from Helix Energy Solutions Group

Phelps advised the Chouest Group in connection with its acquisition of the Alliance business from Helix Energy Solutions Group. Alliance will be integrated into Champagne Energy Solutions, expanding the company’s offshore decommissioning and plug and abandonment platform.

The transaction builds on the recent formation of Champagne Energy Solutions and supports the Chouest Group’s strategy to deliver fully integrated, end-to-end offshore solutions focused on late life asset management and decommissioning.

More information about the acquisition can be found in the company’s press release.

The Phelps deal team includes business lawyers Lee Adler, Will Bishop, Bart Bacigalupi, Andrew Meaders and Bo Marcus, environmental lawyers David Topping, Sophie Gray and Semaj Fielding, executive compensation and employee benefits lawyer Michael Williams, and tax lawyer Ryan Moon.