The Ministry of Energy and Green Transition has 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 the Ghana National Petroleum Corporation (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 support throughout the process to ensure the project’s alignment 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 affirms the government’s commitment to building a transparent, resilient, and investor-friendly energy sector that delivers sustainable value to the Ghanaian people.
Click here to read the statement by the Ministry of Energy and Green Transition
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