Given the normally overwater usage, I've heard it as
Engines
Turn
Or
Passengers
Swim

Anyway, I don't know of any all engines out failure on a twin that would have been helped by an extra engine or two. You don't get a failure of two. You get either one, or all regardless of the number. (However, there have been 747 engine failures where one engine took out the adjacent engine on the wing.)

The all engines out scenario is usually lack of fuel. Other than that, there's been cases of water or volcanic ash ingestion. There was also a Tristar that had the same faulty maintenance done on all three engines (missing O rings) that caused all three to fail.

The other thing to consider is that non-ETOPS jets can still go up to 60 minutes from an airport. Having both engines go out when you're an hour from a runway is no fun either.