Man's interest in knowing and transform his reality, has led to a continuous and incessant development of science and the production of knowledge inherent in them. This cyclical and systemic process has become itself abundance of knowledge that is daily creating and disseminating, surpassing even the physical spaces where it can be stored and beyond assimilation, use and transfer. The complex and changing knowledge in the activities of oil organizations undoubtedly demands designing strategies that transform and create new experiences, knowledge and skills, in order to innovate traditional management processes, information technology and communication, the intellectual capital and organizational culture. This paper aims to highlight the importance of Knowledge Management (KM) when the enthusiasm and ability to learn intangible capital of an organization is involved to generate knowledge to make intelligent decisions. As argue Argyris and Schön (1978) Nonaka (1991) Kogut and Zander (1992) "knowledge is one of the most critical variables to achieve sustainable success in any organization." In addition to highlighting the success of organizations and the economy of the country depend on its ability to produce, assimilate, to use and transmit knowledge, to transform it into a competitive advantage.