Although they are an important means of prospecting, exploiting, and transporting oil and gas, many oil and gas pipelines have largely been abandoned due to tubing failure caused by corrosion, wear and tear, and scaling. Pipelines are piling up in oilfields,resulting in an enormous waste of resources, as well as environmental pollution. This paper analyzes the treatment status and existing problems of oil and gas pipelines waste. Using an advanced remanufacturing technology, it demonstrates the economic, social, and environmental benefits of remanufacturing pipelines. In addition, this paper suggests an industrial mode for the remanufacturing of China's oil and gas pipelines, and describes some development proposals to promote independent innovation. These authors present a new concept and new technology that will decrease costs and increase benefits in China's oil and gas industry, achieve the goal of energy conservation and emissions reduction, and promote the construction of a circular economy in the oil and gas industry.