A pipeline segment 5, used for the manufacture of a thin-walled underwater pipeline 50. Terminal pipe sections 20 are at either end of main pipe section 10. Terminal pipe sections 20 are thick-walled or otherwise resistant to collapse due to external pressure. A pressure isolation device 30 maintains an internal pressure in main pipe section 10 above a shut off pressure. A pressure compensation system 35 can protect main pipe section 10 from collapse due to external pressure. Pipeline segments 5 can be manufactured by connecting and winding stalks 100 onto storage device 110 forming main pipe section 10. Terminal pipe section 20 can be connected to the lead end of main pipe section 10, and main pipe section 10 can be unwound from storage device 110 while towing.