The prevalence of corrosion in oil and gas industry has resulted in enormous investment in technology to help combat impacts like loss of containment, leakages, death of personnel an environmental pollution. To this end, new oil and gas fields are developed using experiences generated from previous fields with similar characteristics. Efforts of design personnel at ensuring that the carbon steel materials are operating in the environment of immunity or passivity. In other instances, specialized corrosion resistant materials have been used for lining the pipelines while reinforced composite and PVC materials have been utilized as alternative material for pipeline construction.If pipeline corrosion which is a major contributor to nonproductive time (NPT) in oil and gas production will be reduced to the barest minimum, a corrosion management policy with a well-defined structure that includes responsibil-ities, reporting routes, practices, procedures, and resources has to be strictly followed in the oil and gas industries. The effectiveness of the policy will therefore depend on the willing of the leadership and commitment of other personnel at all ranks.