An unmanned underwater vehicle (UUV) with a hydraulic system (100) for use in cold surroundings and method of controlling such hydraulic system. The hydraulic system (100) comprises a hydraulic circuit (10). One or more tools (21,22) may be hydraulically operable via the hydraulic circuit (10). A pump (32) is configured to pressurize a flow of hydraulic fluid (F) via the hydraulic circuit (10) e.g. for actuating the tools (21,22). A valve system (40) comprises control valves (41,42,43) disposed in the hydraulic circuit (10) for controlling the flow of hydraulic fluid (F) through the hydraulic circuit (10). A controller (50) is configured to control one or more of the control valves (43) as a function of a temperature (T) of the hydraulic fluid (F).