A method for producing a renewable base oil from a feedstock of biological origin includes providing a feedstock, the feedstock including: 2-95 wt % of a mixture of free fatty acids; 5-98 wt % fatty acid glycerols selected from mono-glycerides, di-glycerides and tri-glycerides of fatty acids; 0-50 wt % of one or more compounds selected from the list consisting of: fatty acid esters of the non-glycerol type, fatty amides and fatty alcohols; a major part of the feedstock being a mixture of free fatty acids and fatty acid glycerols; subjecting all or part of the feedstock to ketonisation reaction conditions where two free fatty acids react to yield a ketone stream, and subjecting the ketone stream to both hydrodeoxygenation and to hydroisomerisation reaction conditions, to yield a deoxygenated and isomerised base oil product stream containing the renewable base oil.