This Forum addresses the major challenges faced by the industry: the reality of penalties for non compliance in Brazil and fluctuating oil prices. At the 5th Local Content Forum 2015, you will learn how to manage local content penalties, certification, auditing and consortium complexities with skill. The Local Content Community (Government, Regulator, Operators, Service Companies and Industrial Associations) is meeting to assess and benchmark new techniques and proven strategies for rapidly developing local suppliers. You and your peers will work out how to tackle penalties and certification issues in relation to non compliance. You will gain fresh insights into how to manage the auditing process, reporting and penalty defence strategies for the projects from the 7th bidding round on. Additionally you will get up to date on how Waivers and Local Content credits will be applied. Attend to learn how the most forward thinking supply chain pioneers have succeeded in achieving much higher local content targets on time and budget, and leave the event with the knowledge to effectively replicate these results.