Dr Bijal Sanghvi, Managing Director, Axis Solutions Pvt Ltd.

How are oil & gas companies rethinking their operational strategies to prioritise carbon emissions reduction?

Oil and gas companies are increasingly adopting comprehensive strategies to reduce carbon emissions, focusing on both environmental commitments and regulatory compliance. This shift includes the implementation of advanced leak detection systems, vapour recovery units, and significant improvements to operational efficiency throughout the entire value chain, from extraction and transportation to processing and distribution. Companies are also re-evaluating energy use across facilities, aiming to optimise resource allocation and integrate new sustainability standards directly into core operations to meet evolving regulatory requirements and public expectations.

At Axis Solutions, we are dedicated to supporting these ambitious goals with our industry-leading emissions monitoring and detection solutions, which provide clients with real-time visibility into multiple parameter outputs across critical areas such as wellheads, pipelines, and refineries. Our comprehensive products and system solutions empower oil and gas companies to proactively detect and address emissions sources, thereby minimising their environmental impact and enhancing operational sustainability. By partnering with us, clients are equipped to lead the way in responsible energy production, driving progress towards a cleaner and more sustainable future for the industry.

What role do emerging technologies, such as carbon capture and storage (CCS) or hydrogen, play in reducing emissions in the oil & gas sector?

Technologies such as carbon capture and storage (CCS) and hydrogen fuel are becoming crucial components in the oil and gas sector’s efforts to lower emissions and transition to a more sustainable energy landscape. CCS works by capturing CO₂ emissions at their source and securely storing them, preventing greenhouse gases from entering the atmosphere, while hydrogen fuel provides a cleaner alternative to conventional energy sources, with minimal emissions at the point of use. Although these technologies hold significant promise, they still face challenges related to scalability, the need for extensive infrastructure, and high costs. Nevertheless, CCS and hydrogen are increasingly viewed as essential solutions in the journey toward a low-carbon future.

At Axis Solutions, we are proud to be at the forefront of supporting CCS and hydrogen adoption by offering high-precision analytical instruments designed to monitor containment integrity in carbon storage facilities and ensure accurate gas composition analysis for hydrogen production. Our advanced technology not only guarantees the safe and reliable storage of carbon but also enables high-purity hydrogen production, allowing companies to achieve stringent low-carbon targets with confidence. Through our solutions, we empower the oil and gas industry to make meaningful progress in their carbon reduction initiatives, paving the way for a more sustainable, energy-resilient future.

How are companies integrating renewable energy sources (e.g., wind, solar) into their operations to reduce reliance on traditional hydrocarbons?

Many oil and gas companies are increasingly integrating renewable energy sources, such as wind and solar, into their operations to power facilities and reduce their reliance on traditional hydrocarbon-based energy. This shift towards renewables not only helps cut operational emissions but also fosters a more sustainable pattern of energy consumption across critical stages, from extraction and refining to distribution. These renewable integrations are reshaping the energy landscape of the oil and gas sector by helping companies lower their carbon footprint and align with global sustainability goals.

At Axis Solutions, we empower our clients to incorporate renewables seamlessly into their energy portfolio by offering advanced energy management products and system solutions designed to optimise renewable usage alongside conventional power sources. Our comprehensive product lineup, spanning Industrial Analytical, Instrumentation, and Automation system solutions, enables clients to monitor and efficiently balance renewable inputs, ensuring reliable energy flow and maximised efficiency. With our innovative solutions, companies can maintain operational resilience while advancing their sustainability initiatives, setting a new standard for responsible energy management in the oil and gas industry.

What are the challenges and opportunities for oil & gas companies in transitioning to cleaner energy sources like biofuels or green hydrogen?

The transition to cleaner energy sources such as biofuels and green hydrogen presents a range of challenges, including high production costs, significant infrastructure requirements, and the development of appropriate regulatory frameworks. Despite these obstacles, biofuels and green hydrogen offer immense potential to reduce greenhouse gas emissions, diversify energy sources, and help companies align with global sustainability and climate goals. These energy alternatives play a pivotal role in reshaping the future of energy production, contributing to a more resilient and sustainable energy mix.

At Axis Solutions, we are committed to supporting the transition to cleaner energy by offering advanced monitoring and quality assurance products and solutions that are crucial for biofuel and hydrogen production. Our real-time analysers provide accurate, continuous monitoring of fuel quality and production efficiency, ensuring that both biofuels and hydrogen meet the necessary standards for performance and environmental compliance. By leveraging our innovative solutions, companies in the energy sector can navigate the complexities of this transition with confidence, optimising production processes, improving efficiency, and ensuring high-quality outputs that contribute to a successful, sustainable energy future.

How important are partnerships between oil & gas companies and clean tech startups or government initiatives in driving emissions reduction?

Collaborations between oil and gas companies, clean tech startups, and government programs are crucial for accelerating the transition to lower emissions and achieving significant environmental impact. These partnerships foster the exchange of technological innovations, provide financial incentives, and offer regulatory support that are all essential components for driving large-scale emissions reduction efforts. By working together, these entities can develop and deploy modern and latest technologies, share valuable insights and knowledge, and streamline sustainability practices that not only meet but exceed current environmental standards. These collaborative efforts help create a more cohesive, efficient approach to tackling climate change, ensuring that the energy sector evolves in a way that is both economically viable and environmentally responsible.

At Axis Solutions, we are dedicated to expanding our horizon with government bodies and regulatory authorities to stay at the forefront of environmental compliance, ensuring that our clients are always aligned with the latest and most stringent standards in emissions reduction. Our ongoing collaboration with key stakeholders helps us deliver innovative solutions that drive sustainability, reduce carbon footprints, and support the global transition toward cleaner, more efficient energy systems. Through these partnerships, we contribute to a future where clean energy technologies and responsible industrial practices go hand in hand.

What specific processes or operational changes are being implemented to improve energy efficiency and reduce emissions at extraction, refining, and transportation stages?

To improve energy efficiency and significantly reduce emissions, companies across the oil and gas sector are increasingly adopting advanced automation technologies, vapour recovery systems, and comprehensive emissions monitoring solutions at every stage of their operations. These innovative approaches help optimise extraction processes, enhance fuel efficiency in transportation, and improve the overall operational efficiency of refining, all while reducing the carbon footprint of the industry and supporting alignment with global sustainability goals. By integrating such technologies, companies can make substantial progress in their environmental commitments while also realizing operational cost savings.

At Axis Solutions, we play a pivotal role in enabling the efficient management of energy consumption and emissions across the entire value chain – from extraction and refining to transportation. Our advanced system solutions provide ultra-modern instrumentation and energy management technologies designed to optimise energy use, streamline operations, and ensure effective emissions control. These solutions not only enhance energy efficiency but also help companies meet regulatory requirements and sustainability targets, paving the way for a more environmentally responsible and economically viable future. Through our expertise and innovation, we empower our clients to achieve both operational excellence and a positive environmental impact, leading the way toward a more sustainable energy industry.
 

(The views expressed in interviews are personal, not necessarily of the organisations represented)

Dr Bijal Sanghvi is the Managing Director of Axis Solutions Pvt Ltd, a distinguished first-generation company having a Domestic as well as Global Presence, which has achieved remarkable milestones. His role spans across various verticals ranging from managing the overall development and operations of the firm with leadership roles across business strategy, business development and management of various business functions such as Production, Engineering, Manufacturing and R&D comprising 4 facilities (92,000 sq.ft).

 Under his Leadership the company has developed cutting-edge products in the domain of Analytical, Instrumentation, and Automation, proudly certified with domestic and prestigious ATEX, IECEx, and other international certifications. With a strong global footprint, the company has successfully executed and exported high-profile projects to regions such as the Middle East, Southeast Asia, and Europe. His vision has developed strategic alliances with prominent International distributors to solidify our global presence.

 Dr Bijal holds a prestigious Doctorate of Professional Entrepreneurship in Business Project Management, coupled with Graduate Engineering (BE-IC), achieved with honors. He exemplifies academic excellence and a relentless pursuit of professional mastery. A thorough-bred professional with strong business acumen and team building traits defines his personality and lays a robust foundation for pioneering success in the realms of entrepreneurship and business management.