US liquefied natural gas (LNG) exporter Venture Global LNG has awarded Australian contractor Worley the engineering, procurement, and construction (EPC) contract for the first phase of Venture Global’s CP2 LNG project in Louisiana.
According to Worley, the two companies have agreed on substantive terms for the reimbursable EPC contract for the initial phase of the project and expect to finalize and sign the contract soon.
The contract includes complete EPC execution—comprising engineering, procurement, direct-hire construction, commissioning, and startup—for the low-carbon LNG terminal in Cameron Parish. Worley’s Houston and Reading, Pennsylvania, offices will lead the work.
After signing a 20-year deal for 1.0 mtpa of LNG from CP2 with JERA, Venture Global now has over one-third of the project’s 20 mtpa capacity committed.
Full notice to proceed will be issued once Venture Global sanctions the project and approval by the Federal Energy Regulatory Commission is granted.
The company took the final investment decision on its Plaquemines liquefaction facility in March. Venture Global’s first facility, Calcasieu Pass, began producing its first LNG in January 2022. This is Venture Global’s third LNG project, with plans to further develop carbon capture and sequestration technologies at each facility.
