I hope I understand you correctly.. If so;
Yes, with a compute instance offering 8 OCPU (Oracle CPU Units) in Oracle Cloud Infrastructure (OCI), you can create 4 VMs (Virtual Machines) with 2 CPUs each. This aligns perfectly with the 8 OCPU allocation in your quotation.
Explore OCI Documentation:
Compute Shapes:
https://docs.oracle.com/en-us/iaas/Content/Compute/References/computeshapes.htm provides details on available VM shapes and their resource configurations.