Hey bud, first off what year is your Trol as unless it's a very early 3.0 (and possibly even then) then as firebobby says you actually have two oil pressure sensors, a high pressure sensor and a low pressure sensor.
The one in your pic looks like the low pressure sensor (high up on the passenger side of the engine, behind the oil filter and underneath the turbo).
The high pressure switch is on the driver side of the engine low down just above the starter. It's not easy to get to on any Nissan but unfortunately a lot harder to get to on the Trols than it is on the Terranos. I've just managed to unplug my high pressure sensor before (and plug it back in) by removing the sump guard to get at it but it ain't easy. I should point that I have a bit more access under there anyway as I removed my plastic underbody covers a while ago (they're plastic so not guarding anything!) as they can collect grass and other debris up against the front prop shaft - fire hazard waiting to happen :doh and in Aus they stopped putting them on new workhorse spec Trols for that reason.
I'm guessing your oil pressure warning light is staying on which means it's highly unlikely to be the low, easy to get to, pressure switch. Far more likely to be your high pressure switch
and if I were you I would fit an oil pressure gauge using a t-piece on the low pressure switch point (that's what I did) as it's a) easier and b) better than the on/off warning light anyway. That way you can see exactly what's going on with the oil pressure.
Anyway, if you want to replace or remove the low oil pressure switch this is what you do...
Don't worry about WD40 etc as it'll do stuff all since the switch will be loctited into the turbo banjo bolt. You'll need either a 26mm long socket or a 26mm ring spanner with the handle cut down to about 100mm. Drain and remove the oil filter and filter housing before you start as it'll give you more space to work with.
When you unscrew the oil sensor it's likely that the turbo banjo bolt will unscrew instead so be careful as there's a special metal gasket on the banjo bolt that will disappear into the bowels of the engine compartment if you don't catch it when you're unscrewing things. Just feel under and along the pressure switch and banjo bolt, towards the engine, and you should feel it there. If the banjo bolt comes out with the pressure switch just stick the banjo bolt in a vice and whack a spanner on the switch
Refitting is pretty easy, just refit the banjo bolt (and gasket) if it came out and tighten to the correct torque. Whack some high temp pipe thread or liquid thread sealant etc on the pressure switch thread, screw back into the banjo bolt and torque it up, then refit the oil filter.
If you're fitting a t-piece just fit it into the banjo bolt first :thumbs