India, April 24 -- S&P Global Inc. (SPGI), the financial and credit rating major, Friday announced that it has agreed to sell its geoscience and petroleum engineering software portfolio to SLB, a tech company.
Financial details of the transaction, which is expected to close in the second half of this year or early 2027, have not been divulged.
The parties have also entered an agreement to expand their partnership through further data distribution and collaboration on building new AI models to transform upstream business use cases, the company said in a statement.
Additionally, the rating agency will launch an AI-powered upstream data platform known as Titan, designed to transform how customers discover, analyze, and act on high-quality d...