SPT Energy (HKG:1251) unit Sinopetroleum Technology will sell to lease back certain assets to Zhongguancun Science-Tech Leasing (HKG:1601) for 17.6 million yuan, a Thursday Hong Kong bourse filing said.
The assets comprise oil and gas drilling equipment stored in Turkmenistan, according to the oilfield services provider.
The lessor will lease the equipment back to Sinopetroleum Technology for 36 months for 19.5 million yuan.