diff --git a/.gitlab-ci.yml b/.gitlab-ci.yml
index 77d6b2ed48532e29f7f6498884aab9bf1f3a9f64..8b099f428d0891c5ec51cbf096d6e0f928780a90 100644
--- a/.gitlab-ci.yml
+++ b/.gitlab-ci.yml
@@ -35,7 +35,7 @@ variables:
   # /!\ CI_REGISTRY is overriden to use a private Docker registry mirror in AWS ECR
   # in GitLab namespaces `nomadic-labs` and `tezos`
   ## This value MUST be the same as `opam_repository_tag` in `scripts/version.sh`
-  build_deps_image_version: 74aaa3a741443be2f5ee4d08e6b63898ec99f450
+  build_deps_image_version: cf7920c4fe635f92bc703fe7ae6fd38c9b4ba8a3
   build_deps_image_name: "${CI_REGISTRY}/tezos/opam-repository"
   GIT_STRATEGY: fetch
   GIT_DEPTH: "1"
diff --git a/docs/developer/install-python-debian-ubuntu.sh b/docs/developer/install-python-debian-ubuntu.sh
index 7b3b9fe59426268f00a7010d92f2b698e7db597d..75357a14ce9f024a75bd4ef84055b5c9d286eb7a 100755
--- a/docs/developer/install-python-debian-ubuntu.sh
+++ b/docs/developer/install-python-debian-ubuntu.sh
@@ -67,20 +67,20 @@ pyenv --version
 [ "$PYENV_VIRTUALENV_INIT" = "1" ]
 
 ##
-## Install python 3.10.11 through pyenv
+## Install python 3.10.12 through pyenv
 ##
 ## References:
 ##  - https://github.com/pyenv/pyenv#usage
 
 # [install python through pyenv]
-pyenv install 3.10.11
-pyenv global 3.10.11
+pyenv install 3.10.12
+pyenv global 3.10.12
 
 # [print python version]
-python --version # should output 3.10.11
+python --version # should output 3.10.12
 
 # [verify python version]
-[ "$(python --version)" = "Python 3.10.11" ]
+[ "$(python --version)" = "Python 3.10.12" ]
 
 ##
 ## Install poetry
diff --git a/docs/developer/python_environment.rst b/docs/developer/python_environment.rst
index cff43db16359db63fe5285f396996009dc973d6d..3218e53c5ec4f2b8cbced4538edfe5109d11a05b 100644
--- a/docs/developer/python_environment.rst
+++ b/docs/developer/python_environment.rst
@@ -12,7 +12,7 @@ Installation
 
 Prerequisites:
 
-- ``python 3.10.11``. It is recommended to use `pyenv
+- ``python 3.10.12``. It is recommended to use `pyenv
   <https://github.com/pyenv/pyenv>`_ to manage the python versions.
   If you want to use ``pyenv``:
 
@@ -21,11 +21,11 @@ Prerequisites:
     has been executed first during the shell session, by adding this line to an
     environment script sourced automatically.
 
-  * You can use then ``pyenv install 3.10.11`` followed by:
+  * You can use then ``pyenv install 3.10.12`` followed by:
 
-    + ``pyenv local 3.10.11`` to use ``python 3.10.11`` only in the current directory (and its subdirectories, unless redefined)
-    + ``pyenv global 3.10.11`` to set the python version to ``3.10.11`` globally
-    + ``pyenv shell 3.10.11`` to use ``python 3.10.11`` only in the current shell
+    + ``pyenv local 3.10.12`` to use ``python 3.10.12`` only in the current directory (and its subdirectories, unless redefined)
+    + ``pyenv global 3.10.12`` to set the python version to ``3.10.12`` globally
+    + ``pyenv shell 3.10.12`` to use ``python 3.10.12`` only in the current shell
 
 - `poetry <https://python-poetry.org/>`_ to manage the python dependencies and
   run the tests in a sandboxed python environment. Follow the `installation instructions <https://python-poetry.org/docs/#installation>`__.
@@ -39,8 +39,8 @@ A typical installation of the above prerequisites (including their own prerequis
   # 1. install pyenv
   # 2. restart shell, to ensure "pyenv init -" has been evaluated
   # 3. then install python using pyenv:
-  pyenv install 3.10.11
-  pyenv global 3.10.11
+  pyenv install 3.10.12
+  pyenv global 3.10.12
   # 4. install poetry
   # 5. restart shell, to activate the poetry setup
   # 6. then install dependencies for Octez using poetry:
@@ -88,7 +88,7 @@ executing ``pyenv``:
    :start-after: [print pyenv version]
    :end-before: [verify pyenv installation]
 
-Now we can use ``pyenv`` to install Python 3.10.11 and set it as the
+Now we can use ``pyenv`` to install Python 3.10.12 and set it as the
 default version to use:
 
 .. literalinclude:: install-python-debian-ubuntu.sh
diff --git a/scripts/version.sh b/scripts/version.sh
index d03672981b6223fa6ea0fea1c4d6a1da5441f5d9..d50570618a056caab29efd6877dcf5307f891fa1 100755
--- a/scripts/version.sh
+++ b/scripts/version.sh
@@ -25,7 +25,7 @@ export full_opam_repository_tag=0e89b5b0195c6f2597c95251896e1ef8b199c1d2
 ## opam_repository is an additional, tezos-specific opam repository.
 ## This value MUST be the same as `build_deps_image_version` in `.gitlab-ci.yml`
 export opam_repository_url=https://gitlab.com/tezos/opam-repository
-export opam_repository_tag="${OPAM_REPOSITORY_TAG:-74aaa3a741443be2f5ee4d08e6b63898ec99f450}"
+export opam_repository_tag="${OPAM_REPOSITORY_TAG:-cf7920c4fe635f92bc703fe7ae6fd38c9b4ba8a3}"
 export opam_repository_git="$opam_repository_url.git"
 export opam_repository="$opam_repository_git"\#"$opam_repository_tag"