Statoil (STO -0.8%) may be getting cold feet on its plans to drill off Alaska in the wake of...

|About: Statoil ASA (STO)|By:, SA News Editor

Statoil (STO -0.8%) may be getting cold feet on its plans to drill off Alaska in the wake of Shell’s problems in the area, and is ruling out output from the region in its North American production target. STO’s head of international exploration says the company is still assessing whether it will start Alaska drilling in 2015, at a later date or “if we won’t drill at all."