The principal goal of this research is developing physics-based, reduced-order, analytical models of nonlinear fluid-structure interactions associated with offshore structures. Our primary focus is to generalize the Hamilton's variational framework so that systems of flow-oscillator equations can be derived from first principles. This is an extension of earlier work that led to a single energy equation describing the fluid-structure interaction. It is demonstrated here that flow-oscillator models are a subclass of the general, physical-based framework. A flow-oscillator model is a reduced-order mechanical model, generally comprising two mechanical oscillators, one modelling the structural oscillation and the other a nonlinear oscillator representing the fluid behaviour coupled to the structural motion.Reduced-order analytical model development continues to be carried out using a Hamilton's principle-based variational approach. This provides flexibility in the long run for generalizing the modelling paradigm to complex, three-dimensional problems with multiple degrees of freedom, although such extension is very difficult. As both experimental and analytical capabilities advance, the critical research path to developing and implementing fluid-structure interaction models entails-formulating generalized equations of motion, as a superset of the flow-oscillator models; and-developing experimentally derived, semi-analytical functions to describe key terms in the governing equations of motion. The developed variational approach yields a system of governing equations. This will allow modelling of multiple d.f. systems. The extensions derived generalize the Hamilton's variational formulation for such problems. The Navier-Stokes equations are derived and coupled to the structural oscillator. This general model has been shown to be a superset of the flow-oscillator model. Based on different assumptions, one can derive a variety of flow-oscillator models.