SLB – S&P Global’s Geoscience Software Portfolio
MN-75027
SLB N.V. (together with its subsidiaries, **SLB**) is proposing to acquire S&P Global Inc.’s (**S&P Global**) geoscience and engineering software portfolio (the **Acquisition**). SLB is a global technology company that provides equipment, software and technical services, including subsurface evaluation, drilling and production services, to customers in the energy sector. Relevantly, SLB supplies exploration and production software including Petrel, Eclipse, Intersect, OFM, Techlog, Omega, Petromod, DrillPlan, Pipesim and Olga. S&P Global is an information, data, analytics, ratings, indices and commodity-information business. This includes an energy division which provides independent information and benchmark prices for the energy and commodity markets. S&P Global also offers geoscience software used to scope, plan and monitor oil and gas well development. S&P Global’s geoscience and engineering portfolio (the target of the Acquisition) comprises the following software products, used in upstream oil and gas exploration and production workflows: Kingdom, Petra, Harmony Enterprise, Analytics Explorer, SubPUMP, PowerTools, FieldDIRECT, Piper, WellTest and Element.
Status
Assessment completed
Determination
Approved
Stage
Phase 1 - initial assessment
Notified
30 June 2026
Acquirers
- Geoquest Systems BV
- Schlumberger Canada Limited
- Schlumberger Technology Corporation
- SLB N.V. (SLB Limited)
Targets
- IHS Markit Canada ULC
- IHS Global Inc.