Worley Advances CP2 LNG Project with Venture Global

Worley Limited ( (AU:WOR) ) has provided an update.

Worley Limited has announced progress on its reimbursable EPC contract with Venture Global for the CP2 LNG export facility in Louisiana, USA. The project, which had been delayed due to regulatory approvals, is now moving forward with full mobilization and site work for Phase 1 underway. Worley has largely completed engineering for Phase 1 and has begun engineering services for Phase 2. The company expects to start major construction activities by the end of FY26, with first LNG exports targeted for Q3 2027. This project highlights Worley’s commitment to delivering complex energy infrastructure projects that support global energy security.

The most recent analyst rating on (AU:WOR) stock is a Buy with a A$18.10 price target. To see the full list of analyst forecasts on Worley Limited stock, see the AU:WOR Stock Forecast page.

More about Worley Limited

Worley Limited is a leading global professional services company specializing in energy, chemicals, and resources. Headquartered in Australia and listed on the Australian Securities Exchange, Worley partners with customers to deliver projects and create value over the life of their assets, focusing on transitioning towards more sustainable energy sources while meeting current energy, chemicals, and resource needs.

YTD Price Performance: -0.04%

Average Trading Volume: 2,282,828

Technical Sentiment Signal: Hold

Current Market Cap: A$7.13B

For a thorough assessment of WOR stock, go to TipRanks’ Stock Analysis page.