Oil temp/level sensor is definitely different to the coolant temp sensor - I know various parts sites list the same part number in error - the Porsche parts catalogue should reveal the correct part number
...the coolant temp sensor is an inch or so long....
....the oil temp/level sensor looks like this (excuse the rotation!)......
stabs in through the "top" of the engine (on early cars it fouls the intake manifold, which needs to be removed for access)
i.e. don't investigate and attempt to draw it out, as you will likely damage it by leveraging on it sideways once you feel that you've raised it the couple of inches needed to remove (based on images of the coolant sensor).....