The committee found the potential effects of the proposed activities, including cumulative effects, would be temporary or involve small areas of marine habitat and could be managed by the conditions of consent.
EPA climate, land and oceans general manager Siobhan Quayle called the decision "robust" and said it had been made after a careful assessment of all evidence.
"The application contained a number of unknowns and uncertainties. This meant the DMC needed to seek further information on several occasions to have the best available information to make its decision," Ms Quayle said.
The DMC found that while the proposed conditions were generally appropriate, it made a number of changes to ensure the environmental effects of the application would be appropriately managed. It means Shell Todd cannot have more than one jack-up rig on the seabed in the Maui field at any one time. The jack-up rig can be installed and removed up to 12 times within the existing 500m exclusion zones around the Māui platforms. The rig can be installed and removed up to eight times at locations outside these exclusion zones.