orbital has installed a hybrid energy storage system on its floating Spitsbergen rig in Norway 's Snorre field . The rig , which Transocean claims is a world first , was developed with Aspin Kemp and Associates and part - financed through contract incentives from Equinor and by the Norwegian NOx Fund . It captures energy from rig batteries to be stored within batteries to power the rig 's thrusters , resulting in a reduction in fuel consumption and emissions .
Transocean has installed a hybrid energy storage system on its floating Spitsbergen rig in Norway's Snorre field. The system, which Transocean claims is a world first, was developed with Aspin Kemp and Associates and part-funded through contract incentives from Equinor and by the Norwegian NOx Fund. It captures energy from rig operations to be stored within batteries to power the rig's thrusters, resulting in a reduction in fuel consumption and emissions.