The description sounds like the turbo(s) might need to be rebuilt/replaced due to seal failure. The oil pressure needs to be checked with an actual gauge on the port on the engine. If you really have zero pressure you will need to determine if it's a failed pump or if the oil is losing pressure for another reason. Loud ticking isn't good, low/no oil pressure could cause the noise because the lifters are not pumping up and you get a lot of valve lash.
Until you can test out the oil pressure and determine what the problem is, don't run it. It's possible at the moment that you can save the engine depending on the oil pressure issue. Run it without oil pressure and you will destroy the engine very rapidly.
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Wednesday, April 19th, 2017 AT 5:20 PM