Study tour participants will travel to various locations around the Gulf of Mexico to meet with Petroleum Industry members, as well as regulators. The purpose is to gain an understanding of the decommissioning landscape and regulatory environment around the Rigs-to-Reefs program, including any new policy developments. Amongst this, personnel will visit some of the offshore infrastructure in the Gulf of Mexico (GoM).

There will also be an opportunity to meet with local stakeholders, other regulators and the local seafood industry to understand their views on the Rigs-to-Reefs program and the impact on their fishing experiences. As a community organisation and regulator, this would be very insightful and provide immense value to Recfishwest and DPIRD respectively. In addition, it will have national application to the seafood industry and assist fisheries in becoming a major stakeholder in the $50B emerging Australian decommissioning industry.

Following the study tour, Recfishwest and DPIRD personnel will attend the 12th International Conference on Artificial Reefs and Related Aquatic Habitats (CARAH) in Santa Marta, Colombia. This international conference focuses on the study, development, and management of artificial reefs and aquatic habitats. These collectives typically bring together researchers, practitioners, and policymakers from around the world to share knowledge, present research findings, and discuss best practices.

These conferences aim to enhance collaboration, and attendees usually include marine biologists, ecologists, oceanographers, and representatives from non-government organisations and government agencies.

There is a great opportunity at CARAH for Recfishwest personnel to present on the outcomes of FRDC Project 2021-055 and extend upon FRDC Project 2014-005 by sharing Recfishwest’s own experiences in the artificial reef space. Sharing artificial reef knowledge from Australia will help to foster good working relationships at the international level and may contribute towards shared goals of sustainable fisheries management.

Objectives of the project include:
1. Gather knowledge and experiences of projects, assets and Rigs to Reefs policy and research outcomes in the Gulf of Mexico.
2. Meet with United States regulators to learn about the management of offshore oil and gas operations and alternative decommissioning. Identify risks to Government and marine environment from leaving decommissioned infrastructure in situ and potential mitigation measures.
3. Meet with stakeholders and end-users to get a local view on decommissioning.
4. Gather knowledge on international policy, legislative frameworks, research and management with regards to artificial reefs and aquatic habitats.
5. Share knowledge and experience from an Australian context.
6. Create a network of international artificial reef experts, including the establishment of an international artificial reef committee.
7. Bring this knowledge and these connections back to Australia to grow community and regulator capacity around artificial reefs and assist with alternative decommissioning opportunities and policy development.

FRDC is currently operating under the 2020-2025 Research and Development Plan. This plan details the areas of investment for the industry and provides direction regarding the leadership requirements for the Australia seafood industry.

FRDC states that "This is one of the FRDC’s most ‘people-centric’ plans to date, with a focus on capacity building, shaping culture, building relationships and establishing shared principles and values.” Importantly for the seafood industry and community, capacity building is high on the agenda.

The NSILP responds to four enabling strategies
‘Strengthen adoption for transformative change’ (through increasing and improving the uptake of knowledge, skills, solutions, technology and new ways of thinking to create positive change for industry).
‘Promote innovation and entrepreneurship’ (through encouraging new solutions, products and processes as well as new ways of thinking and doing).
‘Build capability and capacity’ (through helping people from across fishing and aquaculture to have the knowledge and skills needed to be safe, happy and productive, and to adapt and flourish in the face of change).
‘Provide foundational information and support services’ (through delivering information to guide the evolution of fishing and aquaculture in Australia).

The industry needs that have been identified are:

- Capacity building and leadership knowledge.
- Although online delivery evolved and improved during COVID, face-to-face remains the preferred method of NSILP learning/delivery to enable the opportunity to build in-person connections.
- Resourced and facilitated Alumni and industry networking and connections.

It is becoming increasingly important for Rural RDCs to continually monitor and evaluate the returns from RD&E investment, as government and industry require greater transparency and accountability of RD&E funds.

In addition to FRDC’s Statutory Funding Agreement requirements for valuing return on investment and use in its Annual Reports, impact assessments of FRDC’s RD&E investments are needed to inform:
– Future investment decisions
– CRRDC’s overall performance review of impact generated by RDCs
– Levy payers and government of the performance of investments.

GHD understands that the project will comprise two key components:
– An economic impact assessment of up to 20 research projects for the three-year period FY23/24, 24/25, and 25/26
– An individual and aggregated report of all assessed projects at the completion of assessments.

GHD notes that within this period the first five assessments for FY23/24 are required by June 2024 with the remainder of the projects, i.e. 10, due in September 2024. These assessments are required to be consistent with the CRRDC Guidelines for Impact Assessments. FRDC RD&E projects are to be assessed annually to meet Statutory Funding Agreement (SFA) requirements for valuing return on investment for use in FRDC’s Annual Reports and performance of FRDC’s investments.
In conducting the impact assessment project it will be important to note that one of FRDC’s key responsibilities is to ensure that research to assist management of fisheries and aquaculture resources is being undertaken to maintain ongoing sustainability. While the primary focus of these benefit-cost analyses over time has been economic impact, with references to environmental and social implications where appropriate, FRDC is increasingly interested in understanding the impact of R&D investments on environmental, social, and economic aspects more holistically.