Hot SourceEni Ghana, operator of the Joint Venture (JV) that, includes Vitol Upstream Tano Ltd, Woodfields Upstream Ghana Ltd, and GNPC Explorco, has officially submitted the Declaration of Commerciality for the Eban-Akoma oil and gas discoveries located in the Tano Basin offshore Ghana.
“The announcement marks a significant step toward the full-scale development of the Eban and Akoma fields, which are expected to boost Ghana’s hydrocarbon production capacity and contribute to the country’s energy security and economic growth”, a statement released by the company said.
The statement released, yesterday, July 8, 2025, said that as part of the next phase, Eni and its partners will work closely with the Ghana National Petroleum Corporation (GNPC), the Petroleum Commission, and the Ministry of Energy and Green Transition to draft and approve a comprehensive Plan of Development (PoD) for the two discoveries.
“This collaboration reflects the government’s commitment to fostering responsible resource management and advancing its long-term energy transition strategy”, the company said.
Eni Ghana’s submission follows extensive appraisal activities that confirmed the commercial viability of the Eban and Akoma reservoirs. The fields are located within the Offshore Cape Three Points (OCTP) Block, where Eni has been a leading operator since 2009.
The development of the Eban-Akoma fields is expected to strengthen Ghana’s role as a regional energy hub, while supporting local content initiatives and job creation in the oil and gas sector.
Last week, the Ministry of Energy and Green Transition announced a significant breakthrough in Ghana’s upstream petroleum sector with the formal submission of the Declaration of Commerciality (DoC) for the Eban and Akoma discoveries in the Cape Three Points Block 4 (CTP-B4).
The DoC, submitted on July 3, 2025, by Joint Venture (JV) partners Eni Ghana Exploration & Production Ltd, Vitol Upstream Tano Ltd, Woodfields Upstream Ghana Ltd, and GNPC Exploration & Production Company Ltd (Explorco) in collaboration with GNPC, marks a major step toward unlocking new energy sources.
The declaration follows the successful completion of the Eban-Akoma Appraisal Programme, in accordance with the Petroleum (Exploration and Production) Act, 2016 (Act 919) and the CTP-B4 Petroleum Agreement. The appraisal confirmed the commercial viability of hydrocarbons in the Eban-1X (oil) and Akoma-1X (gas and condensate) wells.
Minister for Energy and Green Transition, John Abdulai Jinapor, hailed the development as a milestone in Ghana’s quest for energy security and industrial transformation.
“The Declaration of Commerciality for the Eban-Akoma discoveries is a major boost to our oil and gas sector. It highlights the immense potential of our offshore resources to fuel economic transformation, enhance energy security, and drive Ghana’s
industrialisation agenda. We commend the JV Partners and GNPC for their dedication to this strategic national asset,” the Minister stated.
Following the declaration, the JV Partners will begin work on a comprehensive Plan of Development (PoD), which aims to ensure optimal resource recovery, value creation, and strong local content participation in line with national policy objectives.
The Ministry, in collaboration with the Petroleum Commission and GNPC, will maintain oversight and provide support throughout the process to ensure the project aligns with government priorities. Further technical and commercial assessments are expected as part of efforts to finalise a robust and mutually beneficial development framework.
This milestone reaffirms the government’s commitment to building a transparent, resilient, and investor-friendly energy sector that delivers sustainable value to the people of Ghana.
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