Eni and Vitol, two major players in Ghana’s energy sector, have signed a Memorandum of Intent with the Government of Ghana to expand output from the Offshore Cape Three Points (OCTP) project and launch new sustainability initiatives. This agreement marks a strategic effort to boost oil and gas production while aligning with Ghana’s growing domestic energy needs. The plan includes integrated upgrades to both offshore and onshore infrastructure, aiming to accelerate delivery and improve efficiency across the value chain.
Central to this expansion is the development of the Eban-Akoma field in Cape Three Points Block 4, which was declared commercially viable in July 2025. The field is poised to become a key supply source, leveraging existing OCTP infrastructure to fast-track production. Since its inception in 2018, the OCTP project has delivered over 107 million barrels of oil and 480 billion cubic feet of gas, meeting approximately 70% of Ghana’s gas demand for power generation. This output has been instrumental in stabilizing the country’s energy supply and reducing reliance on imported fuels.
Beyond production goals, Eni and Vitol have committed to deepening their social impact through targeted community investments. Over $10 million has already been directed toward programs benefiting more than 10,000 people, with a second phase set to expand support for education, clean water access, healthcare, and small business development. These initiatives reflect a broader vision of inclusive growth, where energy development goes hand-in-hand with community empowerment and long-term sustainability.
As Ghana faces declining output from mature fields, this renewed partnership offers a timely solution to maintain energy security and stimulate economic growth. The collaboration between Eni, Vitol, and the Ghanaian government underscores a shared commitment to innovation, resilience, and responsible resource management. By integrating technical upgrades with social investment, the OCTP expansion represents a forward-looking model for energy development in Africa, one that balances profitability with purpose and positions Ghana as a regional leader in sustainable energy strategy.