BLUE ORBS

Nametranslation Effect Combined with
ZentaikaAll Use magic on all (only the spells that the orb is connected to) Any green orb
Tsudeninusumu-- When you cast the spell that this is attached to, you will steal from whoever it it Red or green
Mahoomidoreuchi-- Use a spell on four random targets Any Green Orb
MP TurboMP turbo Uses more MP when a spell is cast to do more damage. Any green orb
HP KyuushuuHP absorb As you attack with the attached Materia, you will get about 10% of your HP healed. Any green or red orb
MP KyuushuuMP absorb As you attack with the attached Materia, you will get about 10% of your MP healed. Any green or red orb
Fuiuchi --As you enter the battle, you have some chance that you can attack before anyone else even if you don't tell them to. All except purple
Zokusei --Attach any green or red orb with an element and you will absorb any damage done by those spells Green and red with elements (symbols in the upper left when you select them on materia orb screen)
Command Counter-- You will be able to counter with the yellow orb you have equipped Yellow
Mahou counter-- Counter with attached green or Red Orb Red or Green
Final Attack Final AttackRight before you die, you will attack with the attached orb Red, green, or yellow

Note: The "--" means that I still haven't got the right translation.