Infosys bags five-year IT services deal from BP

IT bellwether Infosys has won a five-year deal from BP, the first such contract after new CEO Vishal Sikka took over.

The deal size, according to insiders in the company, is worth about $1 billion, spread over five years. The five-year, group-wide, strategic supplier deal win expands Infosys’ decade-long partnership with BP.

Infosys was chosen to support BP in running, enhancing and developing business applications and improving business IT processes across all key IT operations of the British company. Infosys declined to mention the size of the deal.

The agreement, which took effect on September 1, will provide IT services (in particular, application support and development) across BP’s operations, including corporate functions, upstream and downstream segments, energy trading and marketing.

The agreement’s geographical scope includes BP’s main facilities in Houston, Texas, and in the UK, as well as support in locations as diverse as Azerbaijan, Angola, Brazil and Singapore.

Central to these services, Infosys will also continue to invest in the Infosys Information Systems and Technology University. This academy provides training to Infosys engineers in industry knowledge, technology systems, BP processes as well as key applications.

“Winning this contract demonstrates how we have evolved as a supplier and continue to work collaboratively with BP across their range of activities,” said Rajesh K Murthy, Executive Vice-President and Global Head, Energy, Communications and Services, Infosys.

“Leading oil and gas companies will be looking to their service providers to help them innovate and improve their performance in the coming years,” said Jill Feblowitz, Vice-President, IDC Energy Insights, Oil and Gas.

In July, Infosys’ peer Wipro announced its largest-ever deal, a 10-year outsourcing contract worth $1.2 billion, from Canadian utility company Atco.