The Company is pleased to announce that its subsidiary, Regis Uganda Ltd (REGIS) has been awarded a contract by Vallourec Oil and Gas Uganda Ltd (VOGU), part of the Vallourec Group, in support of services being provided to TotalEnergies E&P Uganda B.V. (TotalEnergies). VOGU has entrusted REGIS for the provision of Oil Country Tubular Goods (OCTG) handling services on the

local yard operated by VOGU in Buliisa.

The contract term is forty-two months and the services by REGIS are being performed at TotalEnergies’s Drilling Support Base inside the Industrial Area located in Buliisa District, Uganda