The RoboCop star said that he may take on a role in JJ Abrams's highly-anticipated sequel, which will begin shooting in the UK early this year.
"They've called. I'm more cynical about it now. I'll believe it when I'm on the plane home," he told Sky Movies. "The deal isn't done, but yeah, they've inquired."
Oldman, who has appeared in some of Hollywood's most iconic franchises, joked of the possibility: "I mean Planet of the Apes, Harry Potter, Batman and Star Wars - bloody hell!"
The Oscar-nominated British actor came close to joining the Star Wars series in 2005 when he was asked to voice General Grievous in Episode III - Revenge of the Sith.
However, Oldman eventually turned down the role because the prequel was a non-SAG (Screen Actors Guild) production and he didn't want to show disloyalty to his union.
Michael Fassbender, Benedict Cumberbatch, Adam Driver and Zac Efron are among the stars being linked to the Disney film.
Star Wars Episode VII, which is expected to bring back original leads Mark Hamill, Carrie Fisher and Harrison Ford, will be released on December 15, 2015.
Oldman can next be seen in RoboCop, opening in cinemas on February 7.
JJ Abrams: 'Star Wars 7 script complete, in talks with Jesse Plemons'
Star Wars Episode 7: Carrie Fisher confirms original cast reunion?
Photo gallery - Star Wars Episode VII's rumoured cast: