MILAN, Italy — Eni Sustainable Mobility and Saipem have signed a memorandum of understanding on use of biofuels to power Saipem’s 45-strong fleet of drilling and construction vessels, with a special focus on operations in the Mediterranean Sea.
The two companies are both committed to diversifying their energy sources and reducing the carbon footprint across their offshore operations.
Eni has been producing biofuels since 2014, after converting its refineries in Venice and Gela to biorefineries.
Through application of Ecofining technology, biofuel products are processed from vegetable raw materials or animal waste.
Saipem said it aims to increase the use of alternative fuels on its vessels to cut its own and its clients’ emissions. Using biofuel, it aims for emissions cuts of about 550,000 metric tons per year of CO2, equivalent to 60% of its total annual Scope 1 emissions.