Hi SPLIT,
Do you know what design life you will be designing the pipeline for. The temperature takes the material into the creep range and depending on the layout of the system, you may want to consider pre-stressing the material to reduce the end reactions on your equipment, read up on this in the code. I personally would not use welded pipe for a high pressure/temperature pipeline. The components that fail in the creep range are generally related to the heat affected zone of the welds and the in-line fittings(bends, tee's etc)
The pipe line will also require maintanence and inspection of the welds & in line items, this is a costly exercise so welded pipe is not generally used. A metaligist can put together an inspection program for you.
Just another note on the prestressing of the pipeline, due to the "shakedown" effect, the pipeline will undergo self induced prestressing to various degrees of magnitude. Depends on the forces applied to the pipework. You may want to control this amount by inducing the required amount of cold pull yourself. A proceedure needs to be established to control the implimentation of the cold pull to reduce rotation at the closure weld.
Be careful.
Hope this helps
Regards
Rob