Bob Keiller, chief executive of services company Wood Group - the family business Ian Wood built into the global force it is today - says he is encouraged by the report.
"There is a need for greater collaboration across the industry, but we tread a balance between collaboration and competition," he says.
"I am encouraged by the report but it will be interesting to see what comes next, how the recommendations can be put into place in practice and how we can collaborate across the supply chain.
"It
