SPT Energy Unit Enters Sale, Lease Back Arrangement With ZGC Sci-Tech for Equipment

MT Newswires Live

2025/12/29

SPT Energy (HKG:1251) unit Sinopetroleum Technology will sell to lease back certain assets to Zhongguancun Science-Tech Leasing (HKG:1601) for 11.5 million yuan, a Monday Hong Kong bourse filing said.

The assets comprise oil and gas drilling equipment stored in Xinjiang, China, according to the oilfield services provider.

The lessor will lease the equipment back to Sinopetroleum Technology for 36 months for 12.8 million yuan.

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