Schneider Electric signs five-year contracting deal with BP

Schneider Electric signs five-year contracting deal with BP
Fuses from French company Schneider Electric are seen in an office in Madrid, Spain, August 9, 2017. REUTERS/Sergio Perez Copyright SERGIO PEREZ(Reuters)
Copyright SERGIO PEREZ(Reuters)
By Reuters
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(Reuters) - Schneider Electric said on Monday it entered into a five-year global framework agreement with oil and gas company BP.

Schneider will work as one of BP's main electrical contractors.

Under the terms of the deal, the French electrical equipment maker will provide full-scope design and engineering services, including optimization, project management and integration, procurement and supply chain management.

(Reporting by Justin George Varghese in Bengaluru; Editing by Shailesh Kuber)

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