
Norwegian engineers are searching for oil and Egon Olsen convinces his friends to buy stocks in the oil market. In the process, Egon, stumbles upon a scheme to fool the Norwegian Government that there is indeed no traces of oil in the North Sea. The Olsen Gang tries to tell the ministry the truth about the oil but they are caught by Sheik El-Altan who, in order to make sure the boys keep their mouths shut, kidnaps Valborg and brings her to Egypt.

as Egon

as Kjell

as Benny

as Dynamitt-Harry

as Valborg

as Ingrid

as Herman

as Biffen

as Jonny

as Knut

as Osram

as Ingeniør Hallandsen

as Oljesjeik Araban El-Altam

as Hassan

as Politioverbetjent Hermansen

as Politiførstebetjent Holm

as Syvertsen

as Tutta

as Gudrun

as Bassefar

as TV-reporter