The oil and gas industry, a key player in the global energy supply chain, finds itself in the midst of a dramatic transformation. It is wrestling with geopolitical tensions, a rise in U.S. production, technological progress, as well as increasing demands for sustainability and clean energy policies. Therefore, the demand for adaptable, scalable solutions has reached a paramount level.
In the face of this shifting landscape, CORT Workplace becomes a strategic partner, offering customized solutions to businesses navigating these significant changes.
Deciphering the Complex Landscape of the Oil and Gas Industry
Jennifer Robbins, the Regional Workplace Sales Manager at CORT, shared her expert insights into the intricate operations of this industry in a recent interview. She highlighted, “The oil and gas industry has transformed significantly,” Robbins emphasizes. “Despite maintaining robust activity levels and profitability, it has adopted a more subdued stance due to considerations such as climate change responsibilities and geopolitical considerations.”
To understand this better, let’s take a hypothetical company, “Energy Plus”, which is initiating a new drilling project. This complex venture calls for seamless coordination among geologists, engineers, and logistics experts. Yet, geopolitical tensions in the Middle East could cause oil price fluctuations, requiring swift adaptation while maintaining operational efficiency.
Embracing Change with Adaptable Solutions
Robbins underscores the project-centric nature of the industry and the vital role of flexibility in managing these projects. As she stated, “The oil and gas industry is largely project-oriented. This necessitates the involvement of field services specialists, geologists, and mechanical engineers.”
Revisiting our previous example, Energy Plus might need to establish a temporary workspace for its engineers at a new drilling site on short notice. Consequently, the company would require flexible and reconfigurable furniture solutions that could accommodate the phased nature of the project. Robbins underscores, “With businesses adapting to unprecedented growth and advancements, the demand for flexible and reconfigurable furniture solutions for multi-phase projects is increasing.”
Forming Strategic Long-Term Partnerships with CORT
Teaming up with CORT Furniture Rental ensures that businesses have workspaces that are ready to support growth and innovation. Robbins emphasizes the importance of flexibility, stating, “Our offering of flexibility, allowing for setup, take-down, reconfiguration, and phased implementation, holds greater value than mere price considerations.”
Moreover, CORT champions sustainability and is at the forefront of the circular economy, a transformative approach to resource consumption and waste management. By reusing and repurposing furniture, CORT extends the lifecycle of furniture, reduces waste, and provides unparalleled flexibility to clients.
In today’s resource and environmentally conscious world, the traditional model of furniture procurement is being evaluated differently. CORT Furniture Rental offers a sustainable solution with its circular business model. The model works as follows:
- RENT: CORT invests in furniture built to CORT Construction Standards and rents to customers, catering to their varying needs. Furnishings for the home and office are rented 2-6 times for an average of 3-4 years.
- RETURN: After being rented, the furniture is returned to CORT where the items undergo the CORT Clean Certified™ inspection and cleaning process.
- REPEAT: Once they pass the inspection, the items are either rented again, repeating the cycle, or professionally stored until they are needed for another rental.
- REFURBISH: When the furniture is no longer in showroom condition for renting, it undergoes a thorough inspection, cleaning, and touch-up process to prepare it for the next stage of its lifecycle.
- REPURPOSE: The furnishings are then sold at discounted prices at CORT Furniture Outlet locations. Here, it begins a new life cycle, offering high-quality furniture at affordable prices, and keeping over 95% of our products out of the landfill each year. This step of repurposing extends the life of the furniture beyond its initial use, contributing to a more sustainable future.
Shaping the Future of the Oil and Gas Industry
In the face of complex projects, shifting market dynamics, and calls for sustainable practices, the oil and gas industry stands at the crossroads of transformation. CORT Workplace, with its commitment to flexibility and sustainability, is poised to guide businesses through these challenges.
By providing high-quality furniture solutions, championing the circular economy, and offering strategic, long-term solutions, CORT plays a pivotal role in shaping the industry’s future.
Reach out to CORT today. Discover how we can transform your work environment, enhance efficiency, and contribute to a more sustainable future for the oil and gas industry.
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Featured in this article is Jennifer Robbins, Regional Sales Manager on the workplace team at CORT Furniture Rental. Jennifer specializes in helping businesses facilitate change in the workplace. Connect with Jennifer on LinkedIn and learn more about how CORT can support you and your business.
