Eni Ghana Declares Eban-Akoma Fields Commercially Viable

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Claudio Descalzi, CEO of ENI

Eni Ghana, a subsidiary of the global energy giant operating across the full oil and gas value chain has officially submitted a Declaration of Commerciality (DoC) for the Eban-Akoma oil and gas discoveries offshore Ghana.

In a statement copied to The Chronicle, the company expressed its readiness to work with key industry stakeholders to develop the two hydrocarbon discoveries, which are located within the Cape Three Points Block 4 (CTP-B4).

“As operator of the Joint Venture with Vitol Upstream Tano Ltd, Woodfields Upstream Ghana Ltd. and GNPC Explorco, Eni will collaborate with the Ghana National Petroleum Corporation (GNPC), the Petroleum Commission and the Ministry of Energy and Green Transition to develop a Plan of Development for the two discoveries,” the statement noted.

The DoC, which was formally submitted on July 3, 2025 marks a major milestone in Ghana’s upstream petroleum sector.

It follows an announcement by the Ministry of Energy and Green Transition confirming receipt of the declaration and signalling official recognition of the commercial

The declaration comes after the successful completion of an appraisal programme, which confirmed the commercial viability of hydrocarbon deposits in the Eban-1X (oil) and Akoma-1X (gas and condensate) wells.

The Joint Venture (JV) behind the discoveries comprises Eni Ghana Exploration & Production Ltd, Vitol Upstream Tano Ltd.Woodfields Upstream Ghana Ltd. and GNPC’s upstream subsidiary, Explorco.

Industry analysts view the Eban-Akoma development as a strategic boost to Ghana’s oil and gas production capacity, with potential implications for domestic energy security and revenue generation.

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