
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.
Egon
Kjell

Benny
Dynamitt-Harry

Valborg

Ingrid
Herman
Biffen
Jonny
Knut
Osram
Ingeniør Hallandsen

Oljesjeik Araban El-Altam

Hassan
Politioverbetjent Hermansen

Politiførstebetjent Holm

Syvertsen

Tutta
Gudrun

Bassefar

TV-reporter
