Africa Oil Week, the annual industry bash that attracts executives and analysts from the northern hemisphere to the delights of Cape Town as the southern summer ascends, always offers fresh glimpses into the sector. Here are a few of the things we learned at the 2019 variation of the conference.
Wanted: Snake handlers.
If you know how to deal with a black mamba or spitting cobra but feel underpaid, the oil industry may have a position for you. In all seriousness and perhaps unsurprisingly, getting bitten by a venomous snake is an occupational hazard in the African oil industry.
"It is a common injury," Brynn Karch, the chief medical officer of Remote Medical International (RMI), told Business Maverick on the sidelines of the conference.
As its name suggests, Remote Medical International provides medical services to the oil industry in remote areas. In Kenya, which began oil exports in August and where Tullow Oil operates in the bush, Remote Medical International has snake handlers on site to deal with the reptiles. RMI also has freeze-dried anti-venom on site because with snake bites, time is critical.
Liquid assets are not an issue.
The oil and gas industry is hardly suffering a crisis...