Advancing the Energy Transition
From offshore expertise to floating renewable innovations
Foundation & Vision
Offshore Excellence
Strategic Pivot
Energy Transition
Renewable Leadership
From Vision to Reality
“We saw the future of energy lying not on land, but floating on our oceans”
Under the leadership of Hassan Basma — who previously transformed Bumi Armada from a Malaysian offshore support vessel company into a global top-5 FPSO player — HBA has emerged as a pioneer in floating renewable energy solutions. The company is developing over 500MW of renewable energy projects by 2030 and advancing new energy solutions, including green ammonia and the world’s first Floating Ammonia Production, Storage, and Offloading (FAPSO) unit. Today, with operations across 8 countries and a projected revenue of $250 million by 2027, we’re not just participating in the energy transition – we’re advancing it.Leadership
Visionaries Leading the Change
Hassan Basma
Founder & Chief Executive Officer
Founder and CEO of HBA, Mr. Basma brings 42+ years in energy and offshore sectors. As CEO of Bumi Armada, he transformed it into a top-5 global FPSO player and led one of the year’s most successful IPOs. He also held senior roles at Kvaerner and SBM.
T Sutharshanom
Chief Financial Officer
Mr. Sutharshanom has 25+ years of experience in business and financial services across Singapore, Australia, India, Norway, and the UK.
KC Gupta
Vice President – Floating Production Solutions
Mr. Gupta has 40+ years in project management, engineering, construction, and sales of process equipment across upstream and downstream oil & gas. He is experienced in refineries, petrochemicals, fixed platforms, and floating facilities (FPSO/FSO).
