1
That holding is now owned by Suncor Energy Inc and Total SA.
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Another leading contractor, Total SA, has said it would be impossible to comply.
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Its top three holdings include Total SA, Sanofi and Bayer AG.
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Total SA TOTF.PA did not reply to messages on Sunday.
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The largest by market capitalization were oil major Total SA and bank HSBC Holdings Plc.
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Among companies bidding at Wednesday's auction are China Offshore Oil Corp, ExxonMobil and Total SA.
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France's Total SA TOTF.PA posts results on Feb. 11.
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The French oil and gas company Total SA will present its 2014 annual results on Thursday.
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France's Total SA, Oil Search and the Papua New Guinea government are partners in the project.
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French explorer Total SA said last week it was also interested in teaming up with Tullow there.
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Major oil companies including Exxon Mobil Corp, Total SA and Statoil have snagged offshore leases at auction.
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Inpex has a 76 percent stake in the project, while France's Total SA TOTF.PA owns the rest.
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The company is now Total SA TOTF.PA.
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In the North Sea, companies such as Total SA TOTF.PA have shut fields for maintenance, reducing supply.
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As a result, it has cancelled several shale exploration licences with major energy companies, such as Total SA.
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Total SA TOTF.PA, Oil Search and the Papua New Guinea government are the company's partners in the project.