diff --git a/dependencies/pom.xml b/dependencies/pom.xml
index f5f486f9ce1..dc2974e85ff 100644
--- a/dependencies/pom.xml
+++ b/dependencies/pom.xml
@@ -109,7 +109,7 @@
         <version.lib.mysql-connector-java>8.0.22</version.lib.mysql-connector-java>
         <version.lib.narayana>5.9.3.Final</version.lib.narayana>
         <version.lib.netty>4.1.58.Final</version.lib.netty>
-        <version.lib.oci-java-sdk-objectstorage>1.28.0</version.lib.oci-java-sdk-objectstorage>
+        <version.lib.oci-java-sdk-objectstorage>1.31.0</version.lib.oci-java-sdk-objectstorage>
         <version.lib.ojdbc8>19.8.0.0</version.lib.ojdbc8>
         <version.lib.database.messaging>19.3.0.0</version.lib.database.messaging>
         <version.lib.opentracing>0.33.0</version.lib.opentracing>