Through the years, Bluewater designed, owned and operated ten FPSO’s (Floating Production Storage and offloading systems), of which three have been retired and two have been sold back to the oil companies. Presently, Bluewater owns and operates five FPSOs for our clients. Since its foundation in 1978, Bluewater has developed some of the most innovative Single Point Mooring (SPM) systems in service from Catenary Anchor Leg Mooring (CALM) Buoys, to Turret Mooring and Tower systems featuring multiple risers. Each system has its own characteristics and fields of application.