According to the Communication and Information Center in the Vice Presidency of Science, Technology and Knowledge-Based Economy, a joint cooperation agreement in the field of design, construction and operation of the rotary guided drilling equipment (RSS) and its related technologies was concluded between the Vice Presidency of Science, Technology and Knowledge-Based Economy and Raya Energy Engineering and Instrumentation Company.

The contract was signed during a ceremony attended by Ruhollah Dehghani, the Vice President of Science, Technology and Knowledge-Based Economy, Mohsen Khojastehmehr, Deputy Minister of Oil and CEO of the National Iran Oil Company, and a group of deputies and directors of the company and signed by Reza Soltanalizadeh, Assistant to the Vice President of Science. In the field of knowledge market development, the President and the general manager of the economic development office in the vice presidency of science and Keyvan Koohzad, the CEO of Raya Energy Engineering and Instrumentation Company.

The subject of the agreement is the implementation of the construction and operation of the rotary guided drilling equipment (RSS), the localization and development of its related technologies, and in the framework of this agreement, the localization of the construction of three rotary guided drilling equipment (RSS) and the development of related technologies. It will be operated by the National Oil Company and will be supported by the Vice Presidency of Science, Technology and Knowledge-Based Economy.

In line with this contract, operating and providing directional drilling services using rotary guided drilling equipment (RSS) in the oil and gas fields of the country for 10 years, establishing international cooperation in the field of development and acquisition of main and secondary technologies of RSS equipment, development and The training of talented human resources is carried out by the National Iranian Oil Company and its subsidiaries by using the human capital capacity of the entrepreneurial ecosystem are among other plans.

Vice Presidency of Science, Technology and Knowledge-Based Economy, while creating a context for identifying competent companies and technologists to help strengthen the value chain of this industry and propose them to the oil company in identifying the internal and external supply chain of imported project items and facilitating the issuance of related legal licenses Cooperates for related projects.

Cooperation in the implementation of workshop and field tests in the National Oil Company, cooperation in the formulation of standards and instructions for equipment requirements (RSS), design and construction and performance of functional tests, free support (grant) up to 500 billion Rials for the design of the acquisition of technical knowledge of some components, the construction of strategic items, the provision of materials and equipment, the acquisition of necessary standards and the implementation of equipment field tests (RSS) are supported by the Vice Presidency of Science, are mentioned in the form of this agreement.

The vice presidency of science, technology and knowledge-based economy supports research and development expenses in the form of a tax credit program up to one thousand and 500 billion rials.

Granting facilities up to one thousand billion Rials in the form of Clause A of Note 18 for the development of technology and research and development based on the progress of the subject of the agreement and the approval by the Vice Presidency of Science, in accordance with the progress of the project from other measures of the Vice Presidency of Science. Technology and Knowledge-Based Economy to realize the project.