FPT signs $256 million contract with energy company

FPT signs $256 million contract with energy company

FPT has secured its biggest contract to date: a five-year, US$256 million agreement to serve as a strategic partner delivering digital solutions and professional services to a leading Asian energy company driving Southeast Asia’s energy transition, the company announced on September 16.

FPT is also committed to making Southeast Asia and Asia as a whole a central hub in its AI journey by developing top talent, fostering innovation, and creating real-world impact. — Photo courtesy of the company

Global technology and IT services provider FPT has announced its appointment as a strategic partner to deliver digital solutions and services for one of Asia’s leading energy companies and a key driver of Southeast Asia’s energy transition. The five-year contract, valued at US$256 million, marks the largest deal in FPT’s history.

FPT did not reveal the name of the company it will be partnering with in its announcement on Tuesday.

Under the agreement, FPT will deploy its industry expertise and a dedicated team of AI-augmented engineers to deliver a comprehensive suite of digital transformation services.

AI will be embedded across all solutions from custom software development, data engineering, DevOps, mobile, full-stack, cloud and low-code services enabling innovation throughout the engagement.

The firm’s role spans end-to-end application delivery and enterprise support, covering requirement analysis, solution design, development, testing, deployment, support and documentation. FPT will also oversee delivery management functions including project and product management, change management, data science and user experience design. 

Continuous improvement, automation and robust performance metrics will ensure adherence to the client’s standards in technical excellence, governance and emerging technology adoption.

This milestone builds on a trusted partnership of more than 20 years, during which FPT has supported the client’s digital transformation across the energy landscape from enterprise modernisation to advanced technology adoption and AI-driven operations. 

In recent years, FPT has expanded its support across the energy giant’s core systems and platforms, with a strong focus on AI-powered services, reinforcing both sides’ commitment to sustainable growth and new global opportunities.

FPT’s vision is to position Southeast Asia as a hub in its AI journey, nurturing top talent, driving innovation and delivering real-world impact.

The landmark deal follows other high-value contracts secured by FPT worldwide, including a $225 million contract in the United States, $110 million in Singapore and $115 million in Germany. These multi-year agreements underscore FPT’s global competitiveness and growing leadership in the digital and smart transformation.

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