Shell awards $300 million card processing contract

Logica and FleetCor get ten year deal for ‘managed’ fuel card program.

Shell has awarded Logica and FleetCor Technologies a €300 million contract for the supply of a ‘managed’ fuel cards service. The 10 year deal covers Shell’s commercial fleet fuel cards program in Europe and Asia. Business-to-business fuel cards provide operators of commercial vehicle fleets with ‘convenient, cost-effective and secure’ payment for fuel and other on-road services.

Logica is prime contractor to Shell and will deploy FleetCor’s Global FleetNet (GFN) card processing platform which is to replace a Shell legacy system. A pilot is due for completion by April 2012 with full roll-out scheduled for year-end 2013.

The system will then be operated by Logica and FleetCor as a managed service on behalf of Shell. The project covers 35 countries in Europe and Asia. Logica CEO Andy Green said, ‘Our understanding of the oil and gas industry and experience in payments and fuel cards gave us the edge in developing a compelling proposition for Shell.’ Logica already provides e-commerce services to Shell via a managed Postilion electronic funds transfer service. More from www.oilit.com/links/1103_16 (Logica) and www.oilit.com/links/1103_17 (FleetCor).

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