In order to improve the surface performance and increase the lifetime of P 110 oil casing tube steel during operation, electroless plating was conducted to form Ni-P coating onto its surface. The surface morphology/element distribution and phase constitution of the Ni-P coating were analyzed using scanning electron microscope (SEM) equipped with energy dispersive spectrometry (EDS) and X-ray diffraction (XRD). Tribological and electrochemical measurement tests were applied to investigate the wear and corrosion resistance of P110 steel and the Ni-P coating. The results showed that a uniform and compact, high phosphorous Ni-P coating was formed. The obtained Ni-P coating indicated certain friction-reduction effect and lower mass loss during friction-wear tests. The Ni-P coating also exhibited higher corrosion resistance in comparison with bared P 110 steel. The obtained N i-P coating has significantly improved the surface performance of P110 steel.