Infosys wins $1.5 billion deal from BP

BENGALURU: Infosys has won a deal from global energy company BP (formerly British Petroleum) that is estimated at about $1.5 billion. Infosys will be BP’s primary application services partner.

The deal is spread over five years. Infosys and BP did not comment on the value and the tenure of the deal. The two have had a two-decade relationship, during which the annual contract value was over $100 million.

Infosys co-founder and chairman Nandan Nilekani and Leigh-Ann Russell, EVP, innovation & engineering in BP, signed the MoU on May 10.

The deal is Infosys’s biggest since the estimated $3.2 billion contract it won from German automotive major Daimler three years ago.