BASRA/ Aswat al-Iraq: Oil Kuwait Energy Company announced today the increase of its income to reach $59 million in 2012.

Media officer Lisle Awadh told Aswat l-Iraq that the company got the increase by 29.4% in comparison for the last year.

The daily production of the company reached to 17442 b/d, she added.

The Kuwaiti company entered oil investment projects in Iraq and got a contract in the fourth bidding, as well as another contract with a Turkish company in the sixth bidding.