By Adriano Marchese
S&P Global is selling its geoscience and petroleum engineering software portfolio to SLB and launching Titan, an artificial intelligence-powered data platform.
The provider of financial information, benchmarks, data and analytics said Friday that the divestiture of the software assets will allow S&P Global Energy to focus on its data and insights offering, and to pursue a channel-agnostic approach toward the distribution of its content.
As part of this transaction, S&P Global Energy, its upstream energy business, will continue to distribute its proprietary data through a partnership with SLB, an energy-technology company.
Additionally, the company is launching Titan, its AI‑driven platform aimed at finding and analyzing upstream energy data. The data is taken from 113 countries and is built to handle everything from a individual analyst workflows to the needs of large global companies.
After a beta-testing period, Titan's full launch is expected to be used by about 110,000 users across 4,000 organizations.
No financial details were disclosed, but the company said that the transaction is expected to close in the second half of the year, or in early 2027.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
April 24, 2026 07:11 ET (11:11 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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