S&P Global to Sell Energy Software Portfolio to SLB and Launch Titan AI Platform

S&P Global announced in a press release a new strategic direction for its upstream energy business, including the sale of its geoscience and petroleum engineering software portfolio to SLB. The portfolio includes tools such as Kingdom Software, Petra, Harmony Enterprise, and The Element Platform, along with related business services. The transaction is subject to regulatory approvals and is expected to close in the second half of 2026 or early 2027.

As part of this restructuring, S&P Global Energy will introduce Titan, an AI powered upstream data platform designed to help customers discover and analyze global energy data. Titan, currently in beta testing, is expected to launch commercially later this year. It consolidates data and analytics into a single workspace and uses AI to anticipate relevant insights for users.

Following the divestiture, S&P Global Energy will continue to distribute its proprietary data through the divested software tools and expand collaboration with SLB on new AI models for upstream business applications. SLB stated that integrating the acquired software with its digital platforms and AI systems will enhance its ability to support subsurface and planning workflows for energy operators.