Logica signs €300m deal with Shell

Ten-year contract to provide fuel card programme in Europe and Asia

Technology services company Logica has announced a 10-year €300m (£251m) deal with Shell to provide a business-to-business fuel cards programme in Europe and Asia.

Shell's fuel cards provide vehicle fleet operators with a secure way to manage fuel and road service charges.

Logica will be teaming up with specialist payment service provider FleetCor to provide the technology platform and the business processes to run Shell's card portfolio.

Shell's existing system will be replaced with a new card processing platform, Global FleetNet (GFN), provided by FleetCor.

"Fuel cards are an essential element in helping to drive growth in our retail operations and we are delighted to sign this agreement with Logica and FleetCor, each of whom bring specialist and complementary skills to the partnership," said John Rasmussen, vice-president of commercial fleet at Shell.

The first pilot is scheduled to be completed by April 2012, with full rollout to 35 countries in Europe and Asia by the end of 2013.

"The technology and services that underpin our cards business are critical success factors and this agreement will allow us to increase the quality of our delivery, while at the same time operating in a more efficient and integrated way," added Rasmussen.

Logica already provides switching services for Shell, and FleetCor already provides support to its sales agent and card processor in some European sectors.