SLB agrees to buy S&P Global Energy upstream software portfolio

SLB Limited

SLB Limited

SLB

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  • SLB agreed to acquire S&P Global Energy’s geoscience and petroleum engineering upstream software portfolio.
  • Deal broadens SLB’s digital subsurface and planning footprint in U.S. onshore and unconventional workflows.
  • SLB plans phased integration of acquired technology with its digital platforms, adding agentic AI capabilities while preserving existing customer workflows.
  • Parties also agreed to collaborate on new AI models using SLB’s Lumi platform and Tela agentic AI framework applied to S&P Global Energy upstream data.
  • Closing targeted for second half of 2026 or early 2027, subject to customary conditions.


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