Eni and Saipem enter strategic alliance for biorefinery development

In a notable collaboration aimed at enhancing sustainable fuel production, Eni and Saipem have inked a development agreement, endorsed by Giuseppe Ricci and Alessandro Puliti, the COO of Eni’s Energy Evolution and CEO of Saipem, respectively. This agreement is a strategic move to support the transition of traditional refineries and to amplify the growth of new Eni biorefineries.

Striving for Decarbonization Targets

Aligned with the overarching decarbonization objectives of both companies, the partnership is set to explore and, potentially, erect facilities for sustainable aviation fuel biojet and biofuel HVO diesel. These fuels are made entirely from renewable sources, in accordance with the EU’s REDII directive, and are already available at Eni’s HVOlution service stations, catering to road, naval, and rail transportation.

Leveraging Ecofining Technology

Central to this agreement is the application of Eni’s proprietary Ecofining technology, which is pivotal for both the development of new biorefineries and the transformation of traditional ones. The collaboration aims to meld Eni’s technological prowess and operational experience with Saipem’s specialized capabilities in designing and constructing such plants.

From Traditional Refineries to Biorefining Leaders

Marking a historical milestone, Eni has already transitioned two conventional refineries into biorefineries, utilizing waste materials like used cooking oil and animal fats. With Saipem’s support, these refineries, located in Venice Porto Marghera and Gela, Sicily, are examples of the practical application of Ecofining technology. Looking ahead, Eni aspires to propel its biorefining production from 1.65 million tons per year to over 5 million tons by the year 2030, setting a significant benchmark in the industry for sustainable fuel production.