HomeNewsVenture Global CP2 LNG terminal progresses to construction start

Venture Global CP2 LNG terminal progresses to construction start

6/16/2025

Worley provided a progress update on its reimbursable EPC contract with Venture Global for its CP2 project – a major LNG export facility in Louisiana, U.S. Under a Limited Notice to Proceed Worley has been providing engineering, procurement and construction planning services.

Venture Global has initiated full mobilization and started site work for Phase 1 of CP2 earlier this month with contractors and Worley personnel now mobilized to site.

Progress on CP2 had been delayed pending approval from the Federal Energy Regulatory Commission (FERC). This approval, originally provided in June 2024, was reinstated in May 2025.

Worley has now largely completed engineering for Phase 1 and has commenced providing engineering services for Phase 2. Venture Global has separately announced that full mobilization to site is now underway. Upon reaching Final Investment Decision (FID), Worley will then continue to complete the project under a Full Notice to Proceed.

Worley expects to commence the major part of its in-scope construction activities subject to completion of initial on-site civil works, planned for the end of FY26. Venture Global is targeting first LNG exports in Q3 of calendar year 2027.

“We value our partnership with Venture Global on the CP2 LNG project. The project underscores Worley’s commitment to delivering complex energy infrastructure projects that support global energy security. This is one of the most significant LNG projects underway globally and we’re proud to contribute our extensive experience in LNG and our global integrated delivery capabilities.” said Chris Ashton, Chief Executive Officer at Worley.

The work is being led by Worley’s Houston and Reading offices and supported by Worley’s GID team. Worley categorises this work as transitional work.

 

 

 

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