Petrofac says services business sees higher bidding activity

(Reuters) - British oilfield services company Petrofac Ltd said deferral and cancellation of projects hurt order intake at its biggest unit this year, but the recovery in oil prices has helped improve bidding activity for services contracts in the final quarter. The company's stock was down about 4.4 percent at 870 pence at 0900 GMT on Thursday on the London Stock Exchange. Petrofac's engineering and production services unit was performing in-line with expectations and is on track to make up in