BP agrees to sweeten sale of North Sea assets to Premier Oil

LONDON (Reuters) - British oil major BP has agreed to discount the price of the North Sea assets it is selling to Premier Oil , Premier said on Friday.Under the new deal, Premier only has to pay $115 million out of the initial price of $625 million if oil prices, which have slumped around 40% this year and currently stand at around $40 a barrel, rise above $55 a barrel.The agreement also reduces Premier's liability for field abandonment to $240 million from $600 million.The revised price..