Petrobras has initiated production from its P-78 floating production, storage, and offloading (FPSO) platform at the Búzios field in Brazil’s Santos Basin pre-salt region. This addition is expected to raise Búzios’s output capacity toward the company’s 2026 target of 2.5 million barrels of oil per day, reinforcing Petrobras’s strategic focus on the pre-salt layer and expansion of natural gas supply to the domestic market.