These shares represent 64% of its interest in Woodside and 8.5% of the issued capital in Woodside, at a price of AUS$31.10 per share, resulting in total pre-tax proceeds of approximately US$1.7 billion (AUS$2.2 billion).
Shell once owned a third of Woodside.
The sell-down capitalises on recent strength in Woodside's share price, which has been buoyed by the higher oil price.
Shell shares were up 0.8 percent at 1525 GMT. The announcement came after Perth-based company's stock closed at $32.24.
Shell announced in London that it had agreed to sell down nearly two thirds of its remaining stake Woodside Petroleum for $US1.7 billion ($A2.2 billion).
Shell said today that proceeds from its sale of Woodside shares will be used to reduce the group's net debt.
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.
Originally, Shell it agreed to retain a 4.8% stake but such was the demand it made a decision to sell the whole lot to raise US$2.7bn (A$3.5bn).
Even before Shell set out to sell assets, it was distancing itself from Woodside. But in 2010, it sold a 10% stake, and a further 9.5% in June 2014.
Shell will remain joint venture partner in two liquefied natural gas projects in Australia, according to Woodside.
Meanwhile, 31-year-old Muhammad described the doll created in her image as a "childhood dream come true". Now, she's making history again by teaming up with Mattel to create a Barbie designed after her .
Included with pre-order or Season Pass. " The Adventures of Gunslinger Joe " will be available on December 14 . The Freedom Chronicles Season Pass is available for $24.99 (US) / £17.99 (UK) / $34.95 (AUS).
After the 2012 WonderCon incident , Berganza reportedly apologized to DC's all-male staff for his behavior and pledged to change. DC Comics and Warner Bros. have parted ways with longtime editor Eddie Berganza after he was suspended over the weekend.
According to Ferdinand, high blood pressure is the leading cause of heart conditions that lead to death and disability in America. He is vice chair of the 2017 Hypertension Practice Guidelines and dean emeritus of the University of Virginia School of Medicine.
But the Government's beefed-up promise for a parliamentary vote did not dispel concerns surrounding the EU Withdrawal Bill. However, like everything with this government the devil will be in the detail.
Hodgson would like to sign three players in January to help Palace escape their current rut as they prepare relegation battle. The Scandinavians won the first leg 1-0 and the decider is at San Siro on Monday at 19.45 GMT.
During the fall, Triple H has been active in live events, wrestling in countries like Chile, Portugal, and the United Kingdom. It won't make sense for Mahal to be WWE Champion again just to defend it against a part-timer like Triple H .
The Los Angeles Lakers selected his brother, Lonzo Ball , with the No. 2 overall pick in the 2017 NBA Draft. White House Press Secretary Sarah Huckabee Sanders confirmed that Trump and Xi talked about the case.
Salvation Army held annual Red Kettle campaign kick off
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B. Riley Maintains Rating On Walt Disney Company (DIS)
BidaskClub upgraded Walt Disney Company (The) from a sell rating to a hold rating in a research note on Monday, July 24th. Compass Capital Management Inc increased Disney Walt Co (DIS) stake by 7017.71% reported in 2017Q2 SEC filing.
In a race against time, Ridley Scott cuts out Kevin Spacey
When asked who he would most like to profile, Talese, 85, said: 'I would like to talk to Kevin Spacey . "It seems endless. All The Money In The World will be released in cinemas in the United Kingdom and Ireland on Friday 5 January 2018.
Official Preview For Tonight's Episode Of WWE Raw
We're less than a week away from " Survivor Series 2017" and that means it's time to hammer everything home. Throw in some good returns and there's a strong chance of this being an entertaining show.
Recovered deleted video leads to new charges
New evidence revealed this week brought new charges in the hazing death of Penn State University student Timothy Piazza. Reports from after Piazza's death showed other instances of fraternity members attempting to cover up the situation.
Michael Bublé Announces Croke Park Gig
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Dream Chaser successfully completes glide flight
Right now, two companies - SpaceX and Orbital ATK - hold contracts with NASA to periodically resupply the station through 2018. Dream Chaser was carrying the same space-grade avionics that it'll use for ISS missions, Sierra Nevada said.