Okse Bay is an Arctic waterway in the Qikiqtaaluk Region, Nunavut, Canada. It is located in Norwegian Bay by southwestern Ellesmere Island, east of Buckingham Island.

The thick series of strata at Okse Bay, characterized by sandstones, mudstones, and shale, are referred to as the Okse Bay Formation.

• Rice, R. J. (1988). The sedimentology and petrology of the Okse Bay group, Middle and Upper Devonian, on S.W. Ellesmere Island and North Kent Island in the Canadian Arctic Archipelago. Ottawa: National Library of Canada.