SLB to Acquire S&P Global's Subsurface Oil Software Business

SLB to Acquire S&P Global's Subsurface Oil Software Business

(Bloomberg) — SLB, the world’s largest oilfield service provider, agreed to acquire S&P Global Energy Inc.’s geoscience and petroleum-engineering software business.

S&P Global Announces New Strategic Direction for Upstream Energy Business - Energy News, Top Headlines, Commentaries, Features & Events

Divests its geoscience and petroleum engineering software portfolio to global technology firm SLB in order to sharpen focus on proprietary data and insights Launches Titan, a new customer facing AI-powered platform for upstream data and insights Partners with SLB to distribute S&P Global Energy data and develop new tools NEW YORK, April 24, 2026 /PRNewswire/ ...

110,000 users: S&P Global puts AI energy platform in beta

Built on data from 113 countries, Titan is in beta for 4,000 client organizations. The SLB software sale is expected to close in H2 2026 or early 2027.