No financial details of the deal were disclosed.
Xoserve supports Britain's gas market through the provision of centralised information and data services for gas transporters and shippers. It is jointly owned by five major gas distribution network companies and National Grid's Gas Transmission business.
The Wipro contract is part of the UK Link Programme, which will involve the replacement of Xoserve's two decade-old legacy UK Link suite of applications with more contemporary technologies, Wipro said in a statement.
UK Link is a suite of highly complex information and technology systems, managed by Xoserve on behalf of the UK gas industry that ensures smooth running of Britain's gas market.
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The UK Link Programme, led by Xoserve and supported by a number of business partners, will help meet a number of customer and industry wide requirements for the medium to long term.
"This is an immensely prestigious project for us and we look forward to partnering with Xoserve to ensure seamless delivery of this critical programme," Wipro Global Head Utilities (Energy, Natural Resources and Utilities) business unit Arun Krishnamurthi said.
"The UK Link suite of IT systems is the life blood of the competitive gas market; enabling key processes that are critically important to the whole industry," Xoserve CEO Chris J Murray said.