The Band Karkheh Project Company is an active entity in the field of development, operation, and management of oil and gas fields. It was established in line with the signing of the IPC contract for the development of the Band Karkheh oil field with the National Iranian Oil Company. This company will undertake upstream projects, including drilling, well completion, reservoir studies, production operations, operation, and management of assets for the development and production of the Band Karkheh oil field.