i'm pleased to say camilla salthe is joining us today. milla, we appreciate you joining us on a busy day. first and foremost, i would like you to walk us through the rationale through the announcement today. >> thanks, silvia. it's nice to be here. the reason we are doing this, to create the company, 50/50 with shell and eqinor, we believe in the portfolios because they will be much stronger. we can actually really develop the processes and improve the margins and actually have a long-term value creation from the assets. that is the key business rationale for doing this. >> in the statement, both companies are saying that the future, the new company, will be more agile and focused and cost competitive. i would like to understand whether this is meaning you will be announcing job cuts. >> in all our transaction, we always put the people at the front of the transactions and we have not planned any redundancies related to the transaction. >> good to get the clarification on that as well. i would like to understand any changes from the politic