Hi,
Address is correct.
PCA9506 is compatible with I2C-bus standard mode (100 kHz).
!OE pin should be LOW for normal operation and !RESET pin should be HIGH for normal operation. Timing requirements for these pins can be found in Table 11 of the datasheet: https://www.nxp.com/docs/en/data-sheet/PCA9505_9506.pdf
Please performed a swap test (changing the ‘failing’ PCA9506 for a new device), just to make sure the problem is not the device itself.
Regards,
Jose