News

Otway Adjustment Protocol

30 April 2024

TGS, CGG, and ConocoPhillips Australia introduce the Otway Marine Industries Co-Existence Cooperative (OMICC) and our first initiative, the Otway Adjustment Protocol. The Otway Adjustment Protocol will be how commercial marine operators can make a claim in the event that there is unavoidable interference with a petroleum activity carried out by one of the OMICC members.

The key features of the Protocol are:

  • Evidence-Based Compensation: For displacement, loss of catch, and fishing gear loss or damage.
  • Single Point of Entry: A streamlined process for submitting and managing compensation claims.
  • Commitment to Transparency: Ensuring clear, open communication and processes.
  • Community Engagement: Inviting feedback and input from commercial marine operators and industry associations to refine and improve our approach.

The Otway Adjustment Protocol will be available for commercial fishers and commercial marine operators to comment on for 60 days between 2 May 2024 and 2 July 2024.

Comments can be made publicly on the OMICC website, or submissions can be made by emailing feedback@omicc.com.au.