May 17, 2023: *Infosys wins $1.5bn services 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 atwo-decade relationship, during which the annual contract value was over $100 million. Infosys co-founder and chairman Nandan Nilekani and LeighAnn Russell, EVP, innovation &engineering at BP, signed the MoU on May 10. The deal is Infosys’s biggest since the estimated $3. 2-billion contract it won from Daimler three years ago.
