Worley has signed a reimbursable engineering, procurement and construction contract for the CP2 Expansion, the next stage of Venture Global's LNG build-out in Cameron Parish, Louisiana. The award moves the project a step closer to a final investment decision that the US developer is targeting for early 2027.
The Australian engineering group is not new to the site: it has provided early-stage engineering on the expansion under a master services agreement, and already holds EPC roles on Phase 1 and Phase 2 of the wider CP2 development. Work on the expansion assignment will be led from Worley's Houston, Baton Rouge and Reading offices, supported by its Global Integrated Delivery team.
CP2 is Venture Global's third LNG export project in Louisiana. The terminal will occupy an approximately 1,150-acre site in Cameron Parish, with a proposed marine facility on Monkey Island between the Calcasieu Ship Channel and Calcasieu Pass. The associated CP Express pipeline is planned to run from Jasper and Newton County in Texas to the terminal. Venture Global's two earlier projects set the pace: Calcasieu Pass came online in March 2022, and Plaquemines LNG began exports in late 2024.
For the international engineering and supply chain community, CP2 Expansion illustrates how US Gulf Coast LNG has shifted from a race to first cargo toward serial, repeatable megaproject delivery. Repeat EPC roles under master services agreements give engineering firms like Worley a rolling pipeline of work with familiar sites and counterparties, while reimbursable structures shift cost risk ahead of FID - a deliberate hedge in a market where buyers still weigh long-term offtake economics.
Each new liquefaction train pulls a dense supply chain behind it: rotating equipment, cryogenic valves, control systems, electrical and instrumentation bulks, and construction labor. Valve suppliers in particular watch these programs closely, since LNG trains consume large quantities of cryogenic gate, globe and check valves with delivery lead times that must be ordered well before mechanical completion. The early 2027 FID target means procurement strategy will be shaped through 2026, giving vendors a window to position.
The stacked-phasing model Venture Global uses - bringing early liquefaction blocks online while later phases advance - keeps pressure on contractors to compress schedules. Firms that can sustain predictable execution across multiple phases at one site are likely to be favored as the expansion moves toward sanction.