New technology is technology that is not proven. This implies that the application of proven technology in a new environment or an unproven technology in a known environment, are both new technology. The degree of new technology can be classified in categories to be used as input to risk assessments (see DNV RP-A203).
Source: API SPEC 17E, Specification for Subsea Umbilicals, Upstream Segment, Fourth Edition, October 2010. Global Standards
New technology as mentioned in the first subsection, may be new products, analysis tools or known products used in a new way.
Source: Guidelines Regarding the Facilities Regulations, Norway, updated December 2012. Regulatory Guidance