The invention relates to the field of transition sleeves, in particular to an oil seal transition sleeve which is of a thin-wall hollow structure. The oil seal transition sleeve comprises a connecting pipe, a transition pipe and a guide pipe, the connecting pipe is arranged at one end of the transition pipe, the guide pipe is arranged at the other end of the transition pipe, the diameter of the connecting pipe is larger than that of the guide pipe, and the transition pipe is in a circular truncated cone shape. The invention further relates to an opening expanding tool for machining the oil seal transition sleeve, the opening expanding tool for machining the oil seal transition sleeve comprises a lower die lower base, a lower die upper base, a supporting column, a positioning base, a spring, a positioning rod, the opening expanding die and an upper die bottom plate moving up and down, structural design is reasonable, and the connecting pipe and the transition pipe can be conveniently formed through opening expanding machining. According to the oil seal transition sleeve and the opening expanding tool for machining the oil seal transition sleeve, the oil seal transition sleeve is reasonable in structural design and convenient to machine and manufacture, the opening expanding tool is reasonable in structural design, the oil seal transition sleeve meeting actual requirements can be efficiently machined, oil seal transition sleeves of different specifications can be conveniently machined after the tool is replaced. In this way, actual machining requirement can be better met.