Shell awards tech deal worth 2.53b euros

Royal Dutch Shell, Europe's largest oil company, will pay AT&T, EDS and T-Systems a combined 2.53 billion euros (US$4 billion) over the next five years to manage its computer and communications systems, an Associated Press report said.

The Associated Press report quoted Shell as saying that AT&T will manage its telecommunications; T-Systems, an arm of Deutsche Telekom, will provide 'hosting and storage;' and Electronic Data Systems will provide employee computer services and infrastructure starting in July.

Shell is not specifying Monday how much money will go to each company, the Associated Press report said.

Shell says in a statement it hopes to save money and improve the services by outsourcing them, but does not say how much it hopes to save.