Worley awarded EPC contract for Venture Global CP2 Expansion
- Worley signed a reimbursable engineering, procurement and construction (EPC) contract for the CP2 Expansion project.
- Venture Global is targeting a Final Investment Decision in early 2027.
- CP2 is an LNG export facility in Cameron Parish, Louisiana; Worley already provides EPC services on Phase 1 and Phase 2.
- Work is led from Worley’s Houston, Baton Rouge and Reading offices and supported by the Global Integrated Delivery (GID) team.
Contract and scope
Worley has signed a reimbursable engineering, procurement and construction (EPC) contract for the CP2 Expansion project.
The company has been providing early-stage engineering support on the project under a Master Services Agreement.
Project context and timing
CP2 is a major LNG export facility located in Cameron Parish, Louisiana. Venture Global is targeting a Final Investment Decision in early 2027.
Execution
The work is led by Worley’s Houston, Baton Rouge and Reading offices and is supported by Worley’s Global Integrated Delivery (GID) team. Worley already provides EPC services on Phase 1 and Phase 2 of the project.
Leadership comment
Worley Chief Executive Officer Chris Ashton said the agreement extends the company’s relationship with Venture Global on a strategically important LNG project, and noted that Worley has identified LNG as a priority growth market where it has an established leadership position and demonstrated execution capability at scale.
Source: Worley