Venture Global Announces New EPC Contract for CP2 Phase 2

Summary

On January 30, 2026, Venture Global CP2 LNG, LLC, a subsidiary of Venture Global, Inc., entered into a significant engineering, procurement, and construction contract with Worley Field Services Inc. for Phase 2 of the CP2 Project. The contract involves design, engineering, procurement, construction management, testing, and related services for the LNG export facilities, with Worley integrating equipment, guaranteeing full operation, and adhering to a detailed project schedule. Worley will be reimbursed for its scope of work with a target price subject to adjustments, and will also bear all non-reimbursable costs. The agreement includes specific warranties and schedule-driven bonus incentives.