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.