Chouest Group completes acquisition of Alliance from Helix Energy Solutions Group

The Chouest Group has completed the acquisition of the Alliance business from Helix Energy Solutions Group, with Alliance set to be integrated into the group’s recently formed Champagne Energy Solutions (CES) subsidiary. The transaction expands CES’s offshore decommissioning and plug & abandonment (P&A) platform and advances the Chouest Group’s broader strategy to deliver fully integrated, end-to-end solutions focused on late-life asset management.

The deal builds on the recent formation of CES and is described by the group as a significant step in developing a scalable, integrated presence in the decommissioning and P&A market. executive vice president Dino Chouest said Alliance represented a strong strategic fit for the group.

“Alliance is a strong strategic fit and an important step in building a scalable, integrated platform in the decommissioning and P&A market.”Dino Chouest, Executive Vice President, Chouest Group

Robbie Champagne, chief executive officer of CES, said the combination creates immediate synergies and enhances the combined entity’s ability to deliver safe, efficient and high-quality solutions to clients. He welcomed the Alliance team to CES as part of the transition.

The combined platform will offer a comprehensive suite of services across the offshore energy sector:

For more information visit www.chouest.com