HBA has entered into an agreement to reactivate and upgrade/convert the Armada Claire FPSO for redeployment in Mexico.

HBA has entered into an agreement to develop and operate a 430MW Renewable Hybrid Energy Project for the production of 100,000 TPA Green Ammonia in Sri Lanka for long term offtake to the Japanese, expected to COD in 2025/2026.

HBA has entered into an agreement to develop and operate a 10MW Onshore Solar Project in Mahiyanganaya, Sri Lanka expected to COD in 2024.

HBA was awarded a long term AHTS Anchor Handling contract by an International Oil Company and provided 2 x 250 BP vessels to support rig mooring in water depth of 1200m for a total of 1050 cumulated charter days.

HBA was awarded a DP3 Floatel Accommodation contract by an IOC for a total duration of 22 months. Under the contract, HBA accommodated over 500 client personnel and provided engineering support for installation and heavy lifting activities for a total of 650 cumulated charter days.

HBA was awarded a long term contract by an International Oil Company, for the provision of a Saturated Diving Support Vessel and associated ROV services, in water depths ranging from 200 to 1200 meters. Under the contract, HBA mobilized the vessel for a total of 460 cumulated charter days.

In May 2022 HBA was awarded the EPIC Contract for an FSO Early Production facility in West Africa. Under the contract, HBA is responsible for Engineering, Procurement, Installation, and commissioning of the system.

On December 21st 2021, HBA has entered into a consortium agreement to deliver and operate an FPSO for a private Oil & Gas Company in West Africa. Engineering and construction have begun in Q1 2022 and delivery is expected in Q2 2023 with the operations contract signed until 2028.