Worley Wins CP2 Expansion Reimbursable EPC Contract
Venture Global's CP2 LNG Expansion project in Louisiana moves forward with Worley as the engineering, procurement and construction contractor.
Updated on Nov. 4, 2026 in Oil and Gas
Worley has signed a reimbursable engineering, procurement and construction contract for the CP2 Expansion, a major LNG export project in Cameron Parish, Louisiana, owned by Venture Global. Worley already provides EPC services on Phase 1 and Phase 2 of the CP2 project and had supplied early-stage engineering support under a Master Services Agreement.
Why it matters
The contract extends Worley's role on the CP2 facility, which is among the large LNG export developments in Louisiana. Venture Global is targeting Final Investment Decision on the expansion in early 2027.
The award is a reimbursable EPC contract tied to Venture Global's stated target of Final Investment Decision in early 2027, with no contract value disclosed. The contract value and total project capacity were not disclosed, leaving the scale of Worley's commitment unquantified.
The players
Worley
Worley is an global engineering and professional services company that delivers engineering, procurement and construction services to the energy and resources sector.
Venture Global
Venture Global is a U.S. liquefied natural gas company developing and operating large LNG export facilities, including the CP2 project in Louisiana.
The details
Worley's Houston, Baton Rouge and Reading offices are leading the work, supported by its Global Integrated Delivery team. The company had already provided early-stage engineering support under a Master Services Agreement before the EPC award.
Timeline
Early 2027: Venture Global targets Final Investment Decision on the CP2 Expansion project.
Market Landscape
The CP2 Expansion continues Louisiana's Gulf Coast LNG export buildout, in which Worley has already served as EPC contractor on Phases 1 and 2. Worley's continued role on successive CP2 phases positions it within a concentrated group of contractors serving large U.S. LNG developers.
For Louisiana residents, the CP2 Expansion represents continued construction and engineering employment in Cameron Parish tied to the LNG export buildout. The project's progress will shape regional construction activity and local tax and labor conditions through the 2027 decision point.
The takeaway
The CP2 Expansion shows how LNG developers rely on repeat EPC partners across successive project phases. Readers tracking Louisiana energy investment should watch whether the early 2027 Final Investment Decision proceeds as targeted.
What happens next
Venture Global targets Final Investment Decision on the CP2 Expansion project in early 2027.
Further reading
Explore more Louisiana Oil and Gas coverage for context on the state's energy buildout.
