What sort of metal do they use for deep sea piping?  I know the Navy uses a material called monel which is mostly nickel and copper, for their pipes and fittings that are exposed to seawater.  But I imagine that monel is probably too expensive for kilometers of piping.  Is there an industry standard?  And what sort of piping did BP have that gave them problems?
Almost certainly the pipe is garden variety low-carbon steel, painted on the outside for protection from the elements. Internal corrosion, at least enough to eat through the wall, was not expected - normally, oil protects steel from corrosion.