Eni and Pertamina, a state-owned Indonesian energy company engaged in oil, gas and renewable energy, signed a Memorandum of Understanding to explore opportunities and discuss collaboration in the circular economy, low carbon products and renewable energy, Eni announced Wednesday.
According to the Italian group’s statement, the two companies will focus in particular on waste transformation and biomass valorization processes, leveraging Eni's proprietary technologies such as waste to fuel, waste to hydrogen, sewage sludge conversion into biomethane production by anaerobic digestion, advanced biofuels from biomass, and chemicals from biomass.
Furthermore, Eni and Pertamina will explore and discuss collaboration in water treatment and re-use processes and polymer recycling technologies, also pursuing eco-design processes to maximize recycling of final products.
The MoU also includes opportunities for collaboration in research and technology development for waste valorization, carbon dioxide biofixation and its re-use for sustainable mobility.
The two companies also signed a Heads of Agreement to establish a joint venture to build a bio-refinery in Indonesia, which will process crude palm oil to produce Hydrotreated Vegetable Oil (HVO) utilizing Eni’s ecofining technology. HVO can be used as a mixture in diesel fuel.
According to the press release, Eni has been operating in Indonesia since 2001 with a large portfolio of assets in exploration, production and development.
By Hale Turkes