COMPANY

OUR HISTORY
 

Established in 1980 by chairman and managing director, Jim Milne CBE, Balmoral Group Holdings Ltd is a privately-owned company comprising several operating divisions. The company’s involvement with the energy industry began when it diversified its glass reinforced plastics (GRP) design and manufacturing expertise from the construction industry into the rapidly-evolving offshore sector in Aberdeen in the early 1980s.

We continue to lead our market-sector and our multi-disciplined engineering and technical teams seek to broaden our horizons with a focus on materials development, product innovation and complementary market opportunities.

Discover our timeline of industry innovation...

Balmoral celebrating 40 years of industry innovation
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1980

Company founded by Jim Milne
1981
Survival craft for Hyundai and Well & Lambie
1983
ROV buoyancy for Oceaneering, SubSea Offshore and Santa Fe

1990

St Fergus pipeline insulation
1994
Tow buoys for Conoco Heidrun project, Norway

2000

Export sales jump 60%+
2007
DuraFloat drill riser buoyancy introduced
Jim Milne picks up three awards during a very busy year for Balmoral

2010

First Queen's Award for International Trade
2013
Largest bend stiffeners 15m long by 3m root diameter
2015
Pioneering mooring system developed with Moorlink for Western Isles project
Third Queen’s Award for International Trade
2017
Undertake joint study to develop materials and processes for the production of wave energy converters for renewable industry
2018
Drill riser VIV suppression and drag reduction system
2019
Low density foams introduced for use 2000-7000msw
1980
A company proud of its heritage in the North-east of Scotland, Balmoral Group was established with four employees
Early contracts were awarded by BP and Shell for GRP spar buoys.
1986
Balmoral Norge founded
1987
Largest ever buoyancy modules produced to date for Green Canyon project in GoM
1993
Phase two of Balmoral Park initiated (to locate Webco, Marine, R&D, GRP, Rotomoulding)
1994
100km of pipeline insulation for Total Dunbar project
1997
Opening of Balmoral Houston factory. Drill riser modules for Reading & Bates, Transocean
1999
Hybrid thermal buoyancy modules for Girassol, largest ever order to date $50m
2001
Distributed buoyancy used on deepest ever project, Deepwater Spirit in GoM, 9687ft
2006
Balmoral Hydrospace Test Centre opens, testing to 6000msw
2008
890 distributed buoyancy modules supplied to Indian FPSO for the MA:D6 field development
2011
Balmoral Brazil launched
2012
Second Queen’s Award for International Trade
2012
Deepest ever drill riser buoyancy launched, 15,000ft, Durafloat Superlite
2014
Hybrid riser tower insulation buoyancy supplied to CLOV development, offshore Angola
Shell Stones, GoM, deepest distributed buoyancy project, 9500ft with safety factor x2
2016
Construction of Balmoral Subsea Test Centre begins
2018
Balmoral Subsea Test Centre launched by Duke of Rothesay

2020

Balmoral celebrates 40 years of industry innovation
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Balmoral Comtec Ltd
Balmoral Park, Loirston, Aberdeen AB12 3GY | +44 (0)1224 859000 | surety@balmoral.co.uk
Registered number SC301819

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