Yes....go to File, Import/Export in your old Outlook and then 'Export to a File'.....select 'Personal File Folder' (pst) from the next window and then 'Inbox' or whatever settings you want to save, and follow the wizard from there.
Save the resulting pst file onto a flash stick and then go to Import/Export on the new Office Outlook and follow the wizard again to 'Import from Another program or File' and Import the pst file you saved.