diff --git a/bitnami/memcached/1/ol-7/Dockerfile b/bitnami/memcached/1/ol-7/Dockerfile
index 0c34f0f70067..2ba94ee44900 100644
--- a/bitnami/memcached/1/ol-7/Dockerfile
+++ b/bitnami/memcached/1/ol-7/Dockerfile
@@ -1,4 +1,4 @@
-FROM bitnami/oraclelinux-extras:7-r311
+FROM bitnami/oraclelinux-extras:7-r312
 LABEL maintainer "Bitnami <containers@bitnami.com>"
 
 ENV BITNAMI_PKG_CHMOD="-R g+rwX" \
@@ -10,7 +10,7 @@ RUN bitnami-pkg unpack memcached-1.5.12-21 --checksum bca77911aa3574e29b6bec5aab
 
 COPY rootfs /
 ENV BITNAMI_APP_NAME="memcached" \
-    BITNAMI_IMAGE_VERSION="1.5.12-ol-7-r150" \
+    BITNAMI_IMAGE_VERSION="1.5.12-ol-7-r151" \
     MEMCACHED_CACHE_SIZE="64" \
     MEMCACHED_PASSWORD="" \
     MEMCACHED_USERNAME="root" \
diff --git a/bitnami/memcached/README.md b/bitnami/memcached/README.md
index 9c15ecc73ecf..f00acf76e492 100644
--- a/bitnami/memcached/README.md
+++ b/bitnami/memcached/README.md
@@ -46,7 +46,7 @@ Learn more about the Bitnami tagging policy and the difference between rolling t
 
 
 * [`1-rhel-7`, `1.5.12-rhel-7-r65` (1/rhel-7/Dockerfile)](https://github.com/bitnami/bitnami-docker-memcached/blob/1.5.12-rhel-7-r65/1/rhel-7/Dockerfile)
-* [`1-ol-7`, `1.5.12-ol-7-r150` (1/ol-7/Dockerfile)](https://github.com/bitnami/bitnami-docker-memcached/blob/1.5.12-ol-7-r150/1/ol-7/Dockerfile)
+* [`1-ol-7`, `1.5.12-ol-7-r151` (1/ol-7/Dockerfile)](https://github.com/bitnami/bitnami-docker-memcached/blob/1.5.12-ol-7-r151/1/ol-7/Dockerfile)
 * [`1-debian-9`, `1.5.12-debian-9-r131`, `1`, `1.5.12`, `1.5.12-r131`, `latest` (1/debian-9/Dockerfile)](https://github.com/bitnami/bitnami-docker-memcached/blob/1.5.12-debian-9-r131/1/debian-9/Dockerfile)
 
 Subscribe to project updates by watching the [bitnami/memcached GitHub repo](https://github.com/bitnami/bitnami-docker-memcached).