diff --git a/package.yml b/package.yml
--- a/package.yml
+++ b/package.yml
@@ -1,13 +1,13 @@
 name       : skopeo
-version    : 1.1.1
-release    : 8
+version    : 1.2.0
+release    : 9
 source     :
-    - git|https://github.com/containers/skopeo : v1.1.1
+    - git|https://github.com/containers/skopeo : v1.2.0
     # we need these extra sources so we can grab configs to package them
     # these are vendored with skopeo but are missing configs we need
-    - git|https://github.com/containers/image : v5.5.1
-    - git|https://github.com/containers/storage : v1.20.2
-    - git|https://github.com/containers/common : v0.14.0
+    - git|https://github.com/containers/image : v5.6.0
+    - git|https://github.com/containers/storage : v1.23.5
+    - git|https://github.com/containers/common : v0.22.0
 license    : Apache-2.0
 component  : virt
 summary    : Work with remote OCI images registries - retrieving information, images, signing content
@@ -20,7 +20,7 @@
     - golang
     - go-md2man
 build      : |
-    %make binary-local
+    %make bin/skopeo
     %make docs
 install    : |
     %make_install
diff --git a/pspec_x86_64.xml b/pspec_x86_64.xml
--- a/pspec_x86_64.xml
+++ b/pspec_x86_64.xml
@@ -45,12 +45,12 @@
         </Files>
     </Package>
     <History>
-        <Update release="8">
-            <Date>2020-08-28</Date>
-            <Version>1.1.1</Version>
+        <Update release="9">
+            <Date>2020-09-25</Date>
+            <Version>1.2.0</Version>
             <Comment>Packaging update</Comment>
             <Name>Mislav Čakarić</Name>
             <Email>mcakaric@gmail.com</Email>
         </Update>
     </History>
 </PISI>
\ No newline at end of file