The undertaken research investigates the contemporary demonstration of the “Great Game” in the North Pole by considering Russia’s expanding pivot towards the region. In the last two decades, the Arctic region has undergone significant changes due to anthropogenic climate change. The rising global temperatures and the rapid ice-melting in the region are opening up new opportunities for the great powers including Russia and NATO members for maritime trade and economic opportunities. Unlike the NATO neighbours, the Russian involvement in the Arctic region both in terms of military and economic investment is unprecedented. By employing a theoretical framework based on the Realist School of International Relations, specifically the theory of geopolitics, this study analyzes the various dimensions of Russia's involvement in the Arctic. The research examines Russia's two major strategic objectives: balancing geopolitical competition with aspirations for cooperation and assessing its implications for economic, geopolitical, and security landscapes. By carrying out a comprehensive investigation of Russia's diplomatic initiatives, strategic manoeuvres and military presence, the study aims to explore the motivations behind its expansion to the Arctic region. Finally, the research investigates the consequences of the Russian rapid expansion towards the Arctic region for geopolitical affairs and regional stability by emphasizing the sustainable security architecture to prevent a geopolitical turf between Russia and its NATO neighbours.