Use Cases of Otway Rees key exchange protocol
No, because the protocol is not secure against replay attacks.

In general, this is much closer to Kerberos (secure and state-of-the-art) or Needham-Schroeder (not secure either) than Diffie-Hellman key exchange, which does not rely on a trusted server. (Note DH alone is also not secure, you need an authenticated variant).

That is probably the reason why you didn't find that much information on the protocol, why there are no common standard references and why it isn't used in cryptographic standards. In any case, Kerberos provides the same functionality with better security properties and it is already widely used.