69°12′51″N 33°22′12″E / 69.21417°N 33.37000°E
Olenya Bay or Olenya Guba (Russian: Оле́нья губа) is a bay of the Barents Sea on the Kola Peninsula in the Murmansk Oblast, Russia. It is an extension of the Kola Inlet, which opens out to the north into the Barents Sea. The Pechenga River discharges into the bay.