Our history

HBA Future Energy was founded in January 2015 by a group of highly experienced and well recognized industry leaders, led by Industry Veteran Hassan Basma. The team has a long and successful service record in offshore and floating production sectors worldwide. Over time, the company has leveraged its experience in offshore and energy to transition into green and hybrid energy where it is currently pioneering a number of solutions.

  • 2015
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
Incorporation of HBA
ISO 9001,14001, 45001 CERTIFICATIONS RECEIVED
ENI: LONG TERM SUBSEA IMR CONTRACT (1 X DSV WITH ROV CAPABILITIES,
~600 CHARTER DAYS) IN SUPPORT OF THE JANGKRIK FPSO DEEP WATER
DEVELOPMENT
POSITIVE CASH FLOW AND PROFITABILITY ACHIEVED
INCORPORATION OF HBA INDONESIA, HBA NIGERIA, HBA CONGO
ENI: LONG-TERM DEEP WATER RIG MOVEMENT AND SUPPORT CONTRACT
(2 x 250 BP AHTS ~900 CHARTER DAYS)
Jadestone: Nam Du FPSO. Lease & Operate Contract.
INCORPORATION OF RENEWABLE & HYBRID ENERGY DIVISION
SIGNED BUSINESS ALLIANCES WITH GE, HITACHI AND ABB TO SUPPORT
RENEWABLE & HYBRID ENERGY DIVISION’S GROWTH
ORIENTAL ENERGY: LONG TERM FPSO EPCM CONTRACT IN JV WITH WCC FOR THE OKWOK FIELD
MOUS SIGNED FOR JOINT DEVELOPMENT OF RENEWABLE / HYBRID
PROJECTS IN SRI LANKA, INDONESIA AND VIETNAM
WON BID FOR 3 RENEWABLE BLOCKS IN SRI LANKA – NOW BEING DEVELOPED INTO GREEN AMMONIA PROJECTS
EARLY PRODUCTION SUPPORT CONTRACT FROM TENOIL IN NIGERIA
COOPERATION AGREEMENTS SIGNED WITH INDONESIA POWER (PLN) IN INDONESIA FOR JOINT DEVELOPMENT OF RENEWABLE POWER PROJECTS AND HUNG HAI GROUP IN VIETNAM FOR GREEN AMMONIA PROJECTS
REACTIVATION AND UPGRADING / CONVERSION OF MV ARMADA CLAIRE
AGREEMENTS SIGNED WITH LOCAL PARTNER FOR DEVELOPMENT AND OPERATIONS OF 10MW SOLAR PROJECTS IN SRI LANKA