Total rules out InterOil offer

French energy major Total has confirmed it will not be making a counter-bid for InterOil, and said it was "feeling good" about the project that will eventually monetise the Elk-Antelope gas field in Papua New Guinea.

No counter-bid: Total chief financial officer Patrick de La Chevardiere
No counter-bid: Total chief financial officer Patrick de La Chevardiere
Published 2 August 2016, 03:23Updated 25 October 2016, 15:17