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OCI Construction Group Awarded Contract in Algeria

Aug 29 2013 12:00AM



Cairo, Egypt -- (Marketwired) -- 08/29/13 -- Orascom Construction Inds, S.A.E.(LSE: ORSD)

OCI Construction Group Awarded Oil & Gas Contract in AlgeriaOCI N.V. announced today that the OCI Construction Group has beenawarded a contract by Technip France (Technip) to execute greenfieldand brownfield work at Sonatrach's Algiers Refinery in Sidi Arcine,located approximately 15 kilometres from the Port of Algiers. Technipis the Engineering, Procurement and Construction (EPC) contractor onsite and OCI Algeria, a wholly-owned subsidiary of the OCI ConstructionGroup, will execute some of the civil works, paving works, undergroundpiping and related brownfield construction work as part of therehabilitation and adaptation of the refinery.OCI Construction Group Chief Operating Officer, Osama Bishai,commented: "We are pleased to announce a new contract award in Algeriafrom our new client Technip. This recent contract award is a testamentto our strong presence in the country. We are also very pleased tostrengthen our existing relationship with a major client such asSonatrach and look forward to building on our relationship further inthe future."About OCI N.V.:OCI N.V. is a global nitrogen-based fertilizer producer and engineering&construction contractor based in the Netherlands. The FertilizerGroup owns and operates nitrogen fertilizer plants in the Netherlands,the United States, Egypt and Algeria and has an internationaldistribution platform spanning from the Americas to Asia. TheFertilizer Group ranks among the world's top fertilizer producers witha fertilizer production capacity of nearly 7 million metric tons. TheConstruction Group provides international engineering and constructionservices primarily on infrastructure, industrial and high-endcommercial projects in the United States, Europe, the Middle East,North Africa and Central Asia for public and private clients. TheConstruction Group ranks among the world's top global contractors. OCIN.V. employs more than 75,000 people in 35 countries around the globeand is listed on the NYSE Euronext in Amsterdam.For additional information contact:Investor Relations Department: For additional information on OCI N.V.:Omar Darwazah www.ocinv.nlEmail: Mijnweg 1, 6167 AC Geleen, The NetherlandsErika WakidEmail: OCI N.V. stock symbols: OCI / OCI.NA / OCI.AS / OCINYHassan BadrawiDirectorTel: +202 2461 1036/0727/0917Fax: +202 2461 9409 This information is provided by RNS The company news service from the London Stock ExchangeEND

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