No, this isn't a game of Europa Universalis. It appears Denmark is about to begin an attempt with the UN to annex the North Pole (geographic North Pole), along with a few other areas:
http://news.blogs.cnn.com/2011/05/18...h-pole/?hpt=C2
It is supposedly confirmed by the Danish Foreign Minister, but I can't read Viking:
http://www.information.dk/268428
Keep in mind this isn't the entirety of the Arctic, but certain areas, with the North Pole included in those.