This is the second set of the arcade game Buccaneers. The variations between the sets might involve new levels, challenges, or gameplay elements that were added to extend the game's lifespan and replayability.  Further details are needed to describe the specific developer and the original release date.  More information is required to elaborate on the gameplay, which was probably centered on pirate-themed adventures.

Buccaneers (set 2)

Bubble Trouble (World, Rev B)