Egocentric videos capture sequences of human activities from a first-person perspective and can provide rich multimodal signals. However, most current localization methods use third-person videos and only incorporate visual information. In this work, we take a deep look into the effectiveness of audiovisual context in detecting actions in egocentric videos and introduce a simple-yet-effective approach via Observing, Watching, and Listening (OWL). OWL leverages audiovisual information and context for egocentric temporal action localization (TAL). We validate our approach in two large-scale datasets, EPIC-Kitchens, and HOMAGE. Extensive experiments demonstrate the relevance of the audiovisual temporal context. Namely, we boost the localization performance (mAP) over visual-only models by +2.23% and +3.35% in the above datasets.