SLB
SPGI
New direction, same S&P Global logo
S&P Global is doing a little portfolio spring cleaning. The company said it will sell its geoscience and petroleum engineering software business to SLB, the energy tech giant, while keeping its eyes on the prize: proprietary data, analytics, and insights.
That’s not just corporate clutter removal. The divested lineup includes a bunch of familiar upstream tools — Kingdom, Petra, Harmony Enterprise, Analytics Explorer, SubPUMP, PowerTools, FieldDIRECT, Piper, WellTest, and The Element Platform. In other words: the stuff people actually use to poke around underground and make expensive drilling decisions.
Meet Titan, the new shiny toy
At the same time, S&P Global is launching Titan, a customer-facing AI-powered platform for upstream data and insights. Think of it like taking the old toolbox, swapping in a smarter dashboard, and slapping a fresh coat of AI on top.
It also struck a distribution deal with SLB, which will help distribute S&P Global Energy data and develop new tools. So this isn’t a clean breakup — more like a corporate relationship status update: “it’s complicated, but productive.”
Why investors should care
This looks like S&P Global leaning into what the market usually rewards more generously:
- sticky data
- recurring insights
- less hardware-ish software baggage
- more AI-flavored narrative, because of course there is
If the deal helps the company simplify its energy footprint and double down on premium data products, that’s a nice setup for margins and focus. The big question is execution: can Titan actually become a useful platform, or is this just another shiny AI nameplate on a PowerPoint?
Big picture: S&P Global is trying to turn its energy business from a product bundle into a sharper data engine. That’s usually the kind of move investors like — assuming the new engine actually starts.