Composite pipes has been used in the industry to replace conventional pipes commonly manufactured with steel. The lower specific weight, high chemical and mechanical resistance, as well as the low cost of installation and maintenance are the advantages that warrant the use of this materials and their development. The most common composite materials used for the manufacture of pipes are the polymer matrix composites reinforced with fiber. During their lifetime, the composite pipes used in the oil and gas facilities are subject to aggressive environments, such as exposure to high temperatures, moisture and various chemical products. Temperature and fluid absorption are the principal causes of degradation of physical and chemical properties of these materials, reducing their mechanical resistance and, consequently, the lifetime of the pipes in service. Therefore, the main objective of this work was to evaluate the effect of degradation agents on an epoxy composite pipe reinforced with fiberglass and carbon fibers for a period of 12 months. To achieve this objective, samples of the composite pipe were submitted to temperature, tap water, lubricant oil and hydrostatical pressure. The mechanical behavior was evaluated using parallel-plate test, sound test, colorimetric test, fluid absorption analysis, thermal and microstructural analysis. At the end of the experimental procedure it was verified that all the aging conditions caused similar degradation, with reduction of the mechanical and thermal properties, as well as the plasticization of the polymeric matrix.