Balmoral Comtec Names Lowdon Nonexecutive Director
Balmoral Comtec, a division of Balmoral Group and a key player in the offshore energy supply chain, announced it has appointed Dr. Alan Lowdon OBE as nonexecutive director, in move aiming to strategic Balmoral's offshore wind ambition.Lowdon brings over 35 years of experience from various directorial roles in the renewable energy sector, where he has been responsible for strategic, service and product development. Notably, Lowdon was awarded the Order of the British Empire (OBE) for 'Services to UK-US Offshore Wind Collaboration' in January 2022's Queen's New Year's Honor List.
Finalists for Subsea Expo Awards '24 Announced
with the Rising Star Award. The nominations in this category are Iván Alonso of Basingstoke-based Aquatec Group, Ciaran Reid of Crondall Energy and Kairvee Tyagi of J+S Subsea.Shortlisted in the Technology Development category, sponsored by C-Kore Systems, are Balmoral Group, SEAJET Systems and joint entrants Sonomatic and Geo Oceans. This award acknowledges excellence in developing a new technology and bringing it to market.In the Safety Innovation category, sponsored by J+S Subsea, the finalists are specialised subsea project management and engineering
Balmoral Group Boss Jim Milne Receives Knighthood
Jim Milne, Chairman and Managing Director of Balmoral Group, was awarded the honor of Knight Bachelor in the Queen’s Birthday 2022 Honours List for services to business and charity, and is now officially Sir James S Milne CBE, DL, DHC, Hon DBA, Hon FRIAS.Balmoral is a UK-based engineering company specializing in offshore buoyancy, insulation, and protection solutions for the offshore energy industry.Following the acceptance of his knighthood, he said: “I am deeply honored and quite taken aback to have received such humbling recognition from Her Majesty The Queen in this very special year
Balmoral Group sells ACE Winches shareholding to former CEO Alfie Cheyne
Balmoral Group sold its shareholding in ACE Winches to a company led by ACE’s founder and former CEO Alfie Cheyne.As part of Balmoral’s share purchases in 2017 and 2019 the Cheyne family had an option to buy back Balmoral Group’s investment and the deal confirmed today is in line with this agreement. Jim Milne, Chairman and Managing Director of Balmoral Group said: “We have enjoyed working with the management and staff of ACE Winches and wish them all the best for the future.”Cheyne said, “Balmoral has been incredibly supportive to ACE Winches over the last few
Balmoral Tanks Appoints Lockwood, Tsang
Balmoral Tanks, a wholly owned subsidiary of Aberdeen-based engineering and manufacturing business, Balmoral Group, announced two senior appointments: Gary Lockwood becomes the new operations director at Balmoral Tanks’ Llantrisant facility in South Wales while Cheong Tsang moves into a similar role in Thurnscoe, South Yorkshire.Lockwood has enjoyed a career across the defence, aerospace and electronic contract manufacturing sectors where he has held responsibility for engineering, operations, program management and business development. He is a time served electrical engineer from the Atomic
Balmoral Invests in Blaze Manufacturing Solutions
Aberdeen engineering outfit Balmoral Group said it has invested a six-figure sum in Blaze Manufacturing Solutions, taking a 70% stake in the Aberdeenshire-based company.This latest move comes after Balmoral significantly raised its shareholding in another Aberdeenshire company, ACE Winches, in November.Blaze, established in 2006 and based in Laurencekirk, manufactures fire safety protection, detection and loss prevention solutions for the oil and gas, renewable energy, mining, commercial and industrial sectors. The company is run by husband and wife team, Ann and Howard Johnson, and currently employs
New Decommissioning Cutting Tool Passes Tests
any release of pollutants.When the FIT operations have concluded the tool is removed topside, reset and positioned further along the pipe to repeat at pre-designated lengths creating practical sections of pipe for surface recovery.The crimped pipeline before and after sealing and cutting (Photo: Balmoral Group)Rory McGarry, technical director with Allspeeds, said, “We were delighted with the way the tool performed under test conditions and with Balmoral’s facilities and engineering support.”Test house manager at Balmoral, Derek Weir, said: “This was a complex procedure which
Balmoral Escalates Renewables Ambition
in 1989 Bergen-based Seaproof designs and manufactures advanced cable protection systems, bend stiffeners and flexible J-tubes and is forecast to generate sales of 140m NOK (approximately £13m, $18.5mln)) in the current financial year. Balmoral Offshore Engineering, part of Aberdeen-based Balmoral Group, made the acquisition for an undisclosed sum and will retain the current management team and workforce totalling some 37 people at the Seaproof plant. The company will continue trading and manufacturing under that name as a division of Balmoral. Bill Main, financial director at Balmoral, said