It will retain a 4.8% interest after the latest deal completes on later and has agreed not to sell any of its remaining shares for a minimum of 90 days.
The sale represents 64 per cent of Shell's stake in Woodside and 8.5 per cent of Woodside's issued capital, Shell said.
Newton, Panthers hammer Dolphins 45-21 for 3rd straight win
Carolina kicker Graham Gano opened the scoring with a 40-yard field goal with 1:50 left in the first quarter. The Panthers responded when Newton had his long run to set up his 2-yard scoring pass to McCaffrey.
Sign up here for free access to 7 articles per month + twice daily business email alerts. The announcement came after Perth-based company's stock closed at $32.24.
With the Woodside deal, Shell has so far sold or agreed to sell almost $25 billion as part of a three-year, $30 billion asset sales programme launched following the acquisition of BG Group in 2015.
Shell once owned a third of Woodside.
Fukrey Returns trailer: The 'jugadus' are having a victor in their hands
The trailer shows Bholi Punjaban freshly out of jail and how she again manages to get the four boys in trouble. The makers of the movie have released the trailer today and it surely will tickle your amusing bone.
Analysts at investment bank Tudor, Pickering, Holt & Co said that Shell's $30 billion target "is easily within reach and we see the potential for this to be increased at the Management Day" on November 28. Sale proceeds will be used to reduce Shell's net debt, Jessica Uhl, chief financial officer of Shell, said in the statement.
Oil and gas giant Shell is parting ways with Woodside Petroleum after a long relationship as a key shareholder of the Australian company.
Shell was originally planning to offload a $2.2 billion stake in Woodside to a pair of investment banks. Shell was blocked from taking over Woodside by then Treasurer, Peter Costello in a bid worth $US5.1 billion.
Sessions Raises Prospect of Special Counsel on GOP Concerns
The letter comes one day before Sessions is to appear before the Judiciary panel for a Justice Department oversight hearing. This leaves the door open for the appointment of another special counsel.