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Saipem decided to use renewable fuels on naval fleet

Monday, February 27 2023

General – Renewable Fuels

Eni Sustainable Mobility and Saipem have signed a Memorandum of Understanding (MoU) with the aim of employing biofuels on Saipem’s drilling and construction naval vessels, with particular attention to operations in the Mediterranean Sea.

Saipem has a global fleet consisting of 45 vessels for construction and drilling.

The MoU represents an important milestone for Eni and Saipem, confirming the mutual commitment to diversifying energy sources and to reducing the carbon footprint across offshore operations.

Eni has been producing biofuels since 2014, thanks to the conversion of the Venice and Gela refineries into biorefineries, which have been palm oil free since the end of 2022.

This agreement forms part of the execution of Saipem’s strategy for the reduction of GHG emissions and implements, together with the other initiatives and investments envisaged in the Group’s strategic plan, which encompasses the reduction of its Scope 1 and Scope 2 emissions by 2035 and the achievement of Net Zero (including Scope 3) by 2050.

Thanks to the use of biofuel, Saipem will potentially be able to reduce emissions by around 550,000 Tonnes of CO2eq per year, equal to 60% of its total annual Scope 1 emissions.

Related posts:

  1. Saipem: two-year extension to Santorini offshore drilling contract
  2. Saipem awarded two new contracts
  3. Eni applies for carbon storage license in North Sea
  4. Sale of FPSO Cidade de Vitória

Filed Under: ENI, International projects, MoU, renewable fuel, Saipem Tagged With: Eni, MOU, renewable fuels, saipem

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