Market Chatter: SLB Plans to Buy S&P Global Energy's Geoscience, Petroleum-Engineering Software Unit

MT Newswires Live

04/24

SLB (SLB) intends to acquire S&P Global (SPGI) Energy's geoscience and petroleum-engineering software business, Bloomberg News reported Friday, citing people familiar with the matter.

The transaction is expected to close late this year or early 2027, subject to regulatory approvals, the unnamed sources told the news outlet.

SLB and S&P Global didn't immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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