Artificial Intelligence is quickly becoming a new business imperative in Oil and Gas. Business benefits of adopting this technology are significant and it will be difficult to compete without using it. This keynote will describe where AI technology is most commonly used, what benefits it delivers and what are the typical challenges awaiting its adopters. I will describe how AI fits in a broader Digital Transformation agenda and explain key AI concepts. I will also provide a few real-life examples of AI technology used in the oil & gas industry, including ones from Oil Sands. Finally, I will comment of where the technology is heading and what to expect in the coming years.