S&P Global Completes Divestiture of Upstream Energy Software Portfolio to SLB
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NEW YORK, Sept. 1, 2026 /PRNewswire/ -- S&P Global (NYSE: SPGI ) today announced the completion of the divestment of its geoscience and petroleum engineering software portfolio to Schlumberger (SLB), a global technology company driving energy innovation across more than 100 countries. As part of the transaction, S&P Global Energy will continue to distribute its leading proprietary data through the divested geoscience and petroleum engineering workflow tools. "With this transaction complete, S&P Global Energy's upstream business will remain sharply focused on delivering world-class data and insights to global energy markets," said Dave Ernsberger, President, S&P Global Energy. "Our strategic alliance with SLB means our customers can continue to access S&P Global Energy data through the tools they use every day, and the launch of Titan, our AI-powered upstream data platform, will set a new standard for how the industry discovers, analyzes, and acts on data." The transaction, originally announced in April 2026, establishes a strategic alliance that ensures customers will continue to benefit from S&P Global Energy's comprehensive data and insights within the workflows they rely on daily. Financial terms of the transaction were not disclosed, and the divestiture is not expected to have a material impact on the financial results of S&P Global, or the Energy division. Media...
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