Subsea pipelines are occasionally struck and hooked by objects such as anchors or trawl gear. The initial denting, followed by potential hooking and displacement of the pipeline, give rise to a complex load and deformation history. Transverse displacements cause a simultaneous increase in tensile axial forces, further complicating the load sequence. This study examines the effect of applying one of three different axial loads (zero, constant, and linearly increasing) to a pipe while simultaneously deforming it transversely. The three tests were repeated with an internal pressure of 10 MPa (100 bar), and all tests were recreated numerically in finite element simulations using both iterative (implicit) and non-iterative (explicit) approaches. As expected, adding an axial load increased the pipe's resistance to bending in terms of force-displacement, and the same can be said of including internal pressure. However, a more localised dent was observed in the pressurised pipes, which in turn could affect the onset of failure. The experimental results were well captured by the finite element simulations.