Venture Global Awards EPC Contract to Worley for CP2 Phase 2 Project

Reuters02-02 19:28
Venture Global Awards EPC Contract to Worley for CP2 Phase 2 Project

Venture Global Inc. announced that its wholly-owned subsidiary, Venture Global CP2 LNG, LLC, has entered into an engineering, procurement and construction contract with Worley Field Services Inc. for Phase 2 of the CP2 Project. The agreement covers design, engineering, procurement, construction management, testing, studies, and related services. The contract includes established project schedules, substantial and final completion deadlines, and milestone-driven bonus incentives for Worley. It also sets out warranty provisions requiring compliance with contract specifications, standards, applicable laws, and the use of proven technology. The full contract will be filed as an exhibit to the company's quarterly report for the period ending March 31, 2026.

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