02:22 PM EST, 11/07/2025 (MT Newswires) -- Petrobras (PBR) said its new P-78 floating production, storage, and offloading unit is set to begin production at the Buzios field by year-end.

The launch of P-78, along with upcoming units such as P-79, is expected to boost capacity in the medium terms, company executives said Friday on a conference call with analysts.

Petrobras shares rose 4.7% in recent Friday trading.

Price: 12.72, Change: +0.57, Percent Change: +4.74