This is the officially licensed Neo-Geo version of Puzzle Bobble/Bust-A-Move, identified by its game code NGM-083. Developed by Taito, it features the classic bubble-matching puzzle gameplay which involves shooting bubbles to clear lines and score points.  The Neo-Geo version typically offers high-quality graphics and sound for its time.

Puzzle Bobble / Bust-A-Move (Neo-Geo) (NGM-083)

Puzz Loop 2 (010226 Japan)