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The company closed the divestment of its geoscience and petroleum engineering software business, first announced in April 2026.
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S&P Global (NYSE: SPGI) announced on September 1, 2026 that it has completed the divestment of its geoscience and petroleum engineering software portfolio to SLB, a global technology company operating in more than 100 countries.
As part of the deal, S&P Global Energy will continue to distribute its proprietary data through the divested geoscience and petroleum engineering workflow tools. The transaction, first announced in April 2026, establishes a strategic alliance intended to keep customers' access to S&P Global Energy data within the workflows they use daily.
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. 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.
Financial terms of the transaction were not disclosed. According to the company, the divestiture is not expected to have a material impact on the financial results of S&P Global or of its Energy division.
This is a news summary of a corporate announcement. Markets move and past results do not guarantee future outcomes.
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