NEW YORK, Sept. 1, 2026 /PRNewswire/ -- S&P Global $(SPGI)$ 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 Contacts:
Josh Goldstein
S&P Global Energy
+1 954-254-4900
josh.goldstein@spglobal.com
Orla O'Brien
S&P Global
+1 857-407-8559
orla.obrien@spglobal.com
About S&P Global
S&P Global (NYSE: SPGI) enables businesses, governments, and individuals with trusted data, expertise and technology to make decisions with conviction. We are Advancing Essential Intelligence through world-leading benchmarks, data, and insights that customers need in order to plan confidently, act decisively and thrive in a rapidly changing global landscape.
From helping our customers assess new investments across the capital and commodities markets to navigating the energy expansion, acceleration of artificial intelligence, and evolution of public and private markets, we enable the world's leading organizations to unlock opportunities, solve challenges and plan for tomorrow -- today. Learn more at www.spglobal.com.
About S&P Global Energy
At S&P Global Energy (formerly S&P Global Commodity Insights), our comprehensive view of global energy and commodities markets enables our customers to make superior decisions and create long-term, sustainable value. Our four core capabilities are: Platts for pricing and news; CERA for research and advisory; Horizons for energy expansion and sustainability solutions; and Events for industry collaboration. S&P Global Energy is a division of S&P Global (NYSE: SPGI). Learn more at www.spglobal.com/energy.
About SLB
SLB is a global technology company that has driven energy innovation for 100 years. With a global presence in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition.
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success of new product developments and global expansion;
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successfully integrate the businesses we acquire;
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treatment for U.S. federal income tax purposes;
-- any disruption to the Company's business in connection with the
separation of Mobility Global; and
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