We recently successfully extended the framework agreement with a major German oil and gas producer. As a result, two of our rigs are expected to operate at full capacity for about a year.
Both rigs are already in operation. While the T44 is currently drilling sidetrack wells in an oil field near the Dutch border, our T38 is plugging abandoned wells as part of a P&A campaign.
We are pleased with the trust placed in us and the continuous utilization of our rigs. Both represent an important building block for safe and efficient operations.