Yes and No, need to change out the oil pickup and oil pan for an E36 setup. Remove and swap with an e30 guy doing a swap. They need E34 set up and you need as mentioned.
It's not hard and has been detailed many times on www.r3vlimited.com and www.e30tech.com Quite possibly here as well, I have not dug deep here in the swap section as I don't have all my pieces for my swap yet.