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

Apr 28, 2026
S&P Global announced plans to sell its geoscience and petroleum engineering software portfolio to SLB while introducing Titan, an AI-powered upstream data platform. The sale and new platform mark a strategic shift in S&P Global's upstream energy business.

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.

We hope you enjoyed this article

Consider subscribing to one of our newsletters like Enterprise AI Brief, AI Funding Brief or Daily AI Brief.

Also, consider following us on social media:

Enterprise AI AI Funding News AI Brief AI Brief (X)
Free newsletter

AI Funding Brief

Guide
Private AI chip companies, by latest reported valuation

Private AI chip companies, by latest reported valuation

Private companies building AI compute silicon (the chips that run AI workloads), shown with each company's most recent reported or disclosed valuation. The figures are measured on different dates and bases, so this is a snapshot, not a live ranking or a like-for-like comparison.

Market report

2025 Generative AI in Professional Services Report

Thomson Reuters

This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.

Read more

You may also like

Free, six days a week

Daily AI Brief: the AI news that matters, in your inbox.