S&P Global To Sell Software Unit To SLB, Launch Titan AI Platform

S&P Global announced on April 24 that it has agreed to sell its geoscience and petroleum engineering software portfolio to SLB and will launch a new AI-powered platform called Titan for its upstream energy business. The company said the move is intended to sharpen its focus on proprietary data and insights.

The divested portfolio includes subsurface and engineering tools such as Kingdom, Petra, Harmony Enterprise, and FieldDIRECT, which are widely used by U.S. onshore and unconventional operators. S&P Global said it will continue distributing its data through these tools even after the transaction closes.

The deal is expected to close in the second half of 2026 or early 2027, subject to regulatory approvals. Financial terms were not disclosed.

Titan Platform Consolidates Data and AI Workflows

Alongside the divestiture, S&P Global is launching Titan, an AI-powered platform designed to unify upstream data, analytics, and workflows into a single workspace. The company said the platform spans data coverage across 113 countries and is expected to serve around 110,000 users across 4,000 organizations.

Titan is currently in beta testing and is scheduled for full commercial launch later this year. S&P Global said the platform uses AI to enable “anticipatory discovery,” surfacing relevant patterns and insights without requiring users to search.

S&P Global President Dave ErnsbergerThe platform consolidates multiple data and analytics products into a unified interface, reflecting a broader shift toward integrated AI systems that manage workflows and decision-making in one environment. A similar approach has emerged in enterprise software, where companies are building AI systems that coordinate tasks across fragmented tools.

S&P Global President Dave Ernsberger said the company is “taking a significant leap forward in how we serve global energy markets” through the platform and its data capabilities.

Partnership With SLB Expands AI And Data Distribution

As part of the transaction, S&P Global and SLB will expand their partnership to distribute energy data and develop AI-powered solutions for upstream use cases. S&P Global said it will adopt a channel-agnostic approach, allowing its data to be accessed across multiple platforms.

SLB said the acquired software is widely used by U.S. land operators and will be integrated into its digital platforms and AI technologies to support subsurface and planning workflows.

Olivier Le Peuch, CEO of SLB, said the integration will help serve customers across exploration, production, and infrastructure by combining software capabilities with large-scale digital systems.

The shift reflects a growing focus on applying AI directly to proprietary datasets rather than building standalone tools. Companies are increasingly using AI systems to generate insights and support decisions on top of existing data layers, particularly in complex enterprise environments.

S&P Global said the changes will allow it to focus on delivering data and insights while relying on partners and platforms for distribution and application development.