As reported to the FAA. Reports are unverified, and codes are left as the FAA publishes them.
What was found
CLIMBING TO FL 360 AT FL 240, OIL QUANTITY AT ENGINE NR 2 DROPPED TO 1.5 QUARTS AND OIL PRESSURE STARTED TO FLUCTUATE; FOLLOW BY ENGINE NR 2 OIL PRESSURE LO LIGHT; PROCEEDED WITH ABNORMAL ENGINE SHUTDOWN CHECK LIST (OIL TEMPERATURE 115 CELSIUS) AND RETURN TO MHLM, AFTER DECLARING EMERGENCY. REMOVED AND REPLACED NR 2 ENGINE AS PER RED BORDER 19427 IAW ARROW AIR DC-10 WORK CARD 142R7101M; PERFORMED NR 2 ENGINE RUN-UP IAW MM 71-00-00; OPERATIONAL CHECK OK, NO DISCREPANCIES NOTED.