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Our Transition Roadmap - HBA Future Energy

Our Transition Roadmap

Charting our journey from offshore oil & gas expertise to becoming a global leader in floating renewable energy solutions

Evolution Through Innovation

A decade-long transformation guided by vision, expertise, and commitment to sustainable energy

2015-2017

Foundation & Excellence

Established HBA with deep offshore expertise from Bumi Armada heritage. Secured ISO certifications and first major EPICOM contracts.

3 ISO Certifications
First FPSO Contract
2019-2021

Strategic Pivot

Recognized energy transition opportunity. Established Renewable & Hybrid Energy division. Secured breakthrough projects in Nigeria and South Korea.

RHE Division Launch
2 Key Markets
2023-2025

Technology Leadership

Developed groundbreaking FAPSO technology. Secured Lloyd's Register AIP. Won major renewable projects across Asia and Africa.

FAPSO World First
532MW OSS Project
2026-2030

Global Expansion

Scale floating renewable solutions globally. Achieve carbon negative operations. Enable 5GW of clean energy capacity.

5GW Clean Energy
Carbon- Negative

Three-Phase Transformation

Our structured approach to leading the Advanced Energy Transition

1

Build & Prove

2015-2022

Established operational excellence in offshore EPICOM. Built trust through zero-incident delivery. Developed initial renewable capabilities.

2

Innovate & Scale

2023-2027

Launch game-changing technologies like FAPSO. Expand renewable project portfolio. Establish technology partnerships.

3

Lead & Transform

2028-2030

Position as global floating renewables leader. Enable massive clean energy deployment. Drive industry transformation.

2030 Impact Targets

Measurable goals driving our transition journey

Net Zero
Carbon Operations
5 GW
Renewable Capacity
$
$500M
Annual Revenue
5M
Lives Impacted

Technology Evolution Strategy

  • Leverage offshore oil & gas expertise for renewable applications
  • Develop proprietary floating technologies (FAPSO, High-voltage systems)
  • Create integrated energy ecosystems (Generation + Storage + Conversion)
  • Deploy AI and digital twins for optimization
  • Build strategic technology partnerships

Core Technology Portfolio

FAPSO

Floating green ammonia production

230KV Systems

High-voltage offshore solutions

Floating Wind

Next-gen turbine platforms

Power-to-X

Energy conversion technologies

Join Our Transition Journey

Partner with us as we advance the global energy transition through innovative floating solutions

Explore Partnership Opportunities