BP and Schneider Electric sign a 5-year global agreement

The global energy producer BP has signed an agreement with Schneider Electric to be one of its main electric suppliers through a global agreement of 5 years.

With this agreement, Schneider Electric will provide, design, and engineer services, including optimization, management of projects, integration, purchasing and supply chain management, as well as support in all phases for the Electric Distribution System of the main projects of BP.

“Our IoT-enabled EcoStruxure architecture and platform enables our customers to rethink traditional approaches when it comes to how they design, implement and operate their assets so they can reach first production sooner, safely and securely,” says Gary Freburger, President of Process Automation at Schneider Electric. “By taking an asset-centric view of the facility across its lifecycle, our customers can better leverage up-front capital investments to improve profitability and ROI when the plant begins operating.”

Both companies will collaborate to reduce risks and costs and will work to increase the efficiency of the projects, while promoting innovation and safety.

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