He was born in Ålesund, Norway in April 1967.
Kibsgaard holds a Master's degree in Petroleum Engineering from the Norwegian Institute of Technology, Trondheim..
He began his career in 1992 working for ExxonMobil.
In 1997, he joined Schlumberger as a reservoir engineer in Saudi Arabia.
He served as the CEO of Schlumberger from August 2011 until assuming his current role in April 2015.
Before this, he held a variety of global management positions at Schlumberger, including chief operating officer; vice president of engineering, manufacturing, and sustaining; and vice president of personnel; as well as president of Schlumberger Drilling & Measurements.
Earlier in his Schlumberger career, Kibsgaard was geomarket manager for the Caspian region after holding various field positions in technical sales and customer support.
He is married, with children