HBA Future Energy’s transformation from offshore oil & gas to renewable energy leadership is featured in Inside Sustainability. Founder Hassan Basma and VP Anil Bhatia discuss the company’s mission to serve the global clean energy movement, leveraging 40+ years of offshore expertise to deliver innovative floating renewable solutions across Asia, Africa, and Latin America.
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HBA Future Energy has been awarded the EPCI contract for South Korea’s 532 MW Anma Offshore Substation—a project that will power 1.4 million homes and avoid 643,000 tons of CO2 annually. This marks South Korea’s first utility-scale offshore substation and reinforces HBA’s transition from traditional offshore oil & gas to renewable energy leadership.
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When we think of big ships at sea, most of us imagine oil tankers or container vessels carrying goods across oceans. But what if those ships weren’t just moving fuel or cargo — what if they were factories at sea, making clean fuel from the waves and the wind around them?
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HBA Future Energy has been awarded a Preferred Supplier Agreement (PSA) by Anma Offshore Wind for the 532MW Anma Offshore Substation (OSS) project under an EPCI contract – marking South Korea’s first commercial offshore wind substation.
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From the deep waters off Nigeria to the wind-swept coastlines of South Korea, HBA Future Energy’s EPICOM services are redefining offshore project delivery. With active operations spanning Asia, Africa, and Latin America, the Singapore-based company has built a reputation for executing complex engineering, procurement, construction, installation, commissioning, and operations & maintenance projects that others consider too challenging or remote. Recent successes include the $172 million Okwok FPSO project achieving first oil in Nigerian waters and the groundbreaking 532 MW Anma offshore substation—South Korea’s first utility-scale offshore wind infrastructure.
Continue readingProject Overview: HBA Future Energy serves as the OSS EPCI contractor for South Korea’s first commercial offshore wind farm at Anma-Do, a project enabling 532 MW of clean energy generation.
National Impact: Powering approximately 1.4 million South Korean homes annually with clean electricity, supporting the nation’s renewable energy transition.
Complete EPCI delivery (Engineering, Procurement, Construction, Installation) for the offshore substation, marking South Korea’s entry into commercial-scale offshore wind power.
Project Overview: HBA Future Energy, together with our partner WCP secured an FPSO lease-and-operate contract with Oriental Energy Resources for the Okwok Field in Nigeria. This project demonstrates our comprehensive FPSO capabilities with environmentally responsible zero-flaring technology.
Our Role: Construction and development of the converted FPSO, targeting sail-away by end-2025, with operations and maintenance services to be provided for a five-year charter period.
Project Overview: HBA Future Energy undertakes the reactivation and conversion of the Lakam-Ha FPSO (Armada Claire) for TMS Tankers, demonstrating our vessel conversion and life extension capabilities.
Project Overview: HBA Future Energy successfully completed two phases of marine service contracts supporting ENI’s Jangkrik FPSO operations in Indonesia.
Combined Impact: Successfully delivered services supporting ENI’s Indonesian operations, demonstrating our versatility in complex offshore support operations.
Project Overview: HBA Future Energy provided long-term Anchor Handling Tug Supply (AHTS) services to ENI, supporting deep water drilling operations with specialized vessels.
Deep water anchor handling operations in challenging 1,200m water depths, demonstrating our advanced marine support capabilities.