Today, Eni and Saipem signed an agreement for the development of the biorefining which, in line with decarbonisation targets, of the two companies, aims in particular at the study and possible Construction of plants for the production of biojet, fuel sustainable aviation, and HVO diesel biofuel, produced from 100% renewable raw materials (in accordance with the EU Directive 2018/2001 "REDII"), marketed in the Enilive service stations under the name HVOlution and usable road, sea and rail transport.

The agreement provides for the application of proprietary technology Eni Ecofining™ both for the development of new biorefineries and for the conversion of traditional refineries and combines the large Eni's technological and operational experience with the distinctive features that Saipem has developed in design and construction of this type of plant. Eni was the first company to world to convert, in Venice, Porto Marghera and Gela, two traditional refineries in biorefineries for the processing of waste raw materials, such as used cooking oils, animal fats, residues from the agri-food industry and vegetable oils, using the Ecofining™ technology, with the support of Saipem on both projects.

Eni plans to expand its capacity to biorefining from the current 1.65 million tonnes/year to more than five million tonnes/year by 2030.