Essentially yes
Take a look at the last expression in this link:
https://hepweb.ucsd.edu/ph110b/110b_notes/node15.html
That's the Coriolis force on a ball that is fired from some lattitude $\lambda$. The ball is fired with angle $\theta$ to the local zenith and $\phi$ from the east in the local horizontal plane. So, $\phi=0°$ is east and $\phi=180°$ is west.
Now take a look at the last expression in that link, the one with the fully expanded Coriolis force for the situation described above.
The Z-component of the acceleration is:
$\vec{a}=2\omega v\cos\lambda \sin\theta cos\phi\vec{z}$
Now, take the case in which the cannonball is fired horizontally, meaning, $\theta=90°$
The force becomes:
$\vec{a}=2\omega v\cos\lambda cos\phi\vec{z}$
For $\phi = 0°$, eastward travel is obtained:
$\vec{a}=2\omega v\cos\lambda \vec{z}$
For $\phi = 180°$, westward travel is obtained:
$\vec{a}=-2\omega v\cos\lambda \vec{z}$
Basically, both cases can be subsummed by assuming positive $v$ for eastern travel and negative $v$ for westward travel.
$\vec{a}=2\omega v\cos\lambda \vec{z}$
Which gives you the main component of the Eotvos effect for velocities that are below the local rotational velocity of the earth.
The 2nd term $(u^2+v^2)/r$, the correction does not appear unless you assume that the travelling object is trying to keep a circular orbit or in case of a ship, just follow the curvature of the earth.
Another answer mentioned that "the coriolis term wouldn't appear on a cylindrical earth"
But it would. The z-component of it would appear. It even appears on earth for objects fired purely westward or eastward. Bullets for example. And that's for an object that doesn't try to maintain a circular orbit, but one that is just fired freely. If an object is trying to follow the curvature of the earth, the 2nd term (the correction applies) because now it will experience an additional centrifugal force due to the fact that it is moving with velocity $u$ relative to earth and is in a circular trajectory relative to already rotating earth.
Whether the whole effect should be called Eotvos effect or just the 2nd term or even just the 1st term, I do not know. But the first term 100% appears just by expanding the Coriolis force. The 2nd term only appears after an orbit is assumed (or in case of a ship, trying to follow the shape of the earth). The 2nd term is nothing but a circular orbit relative to an already rotating system.
For the case of a travelling bullet or a cannonball, the 2nd term does not apply because it does not try to maintain the orbit and the entire Eotvos effect is just due to Coriolis force.