Wire
S&P Global Completes Sale of Upstream Energy Software Portfolio to SLB
S&P Global (SPGI) said Tuesday it has completed the sale of its geoscience and petroleum engineering software portfolio to SLB (SLB).The company said customers can still access S&P Global Energy data through the divested tools via a strategic alliance with SLB.The transaction was first announced in April. Financial terms were not provided.S&P Global said the deal is not expected to have a material impact on its consolidated financial results or on those of its Energy division.S&P Global also confirmed the rollout of Titan, an AI-powered upstream data platform.Price: $430.10, Change: $-5.74, Percent Change: -1.32%
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