We analyze the \ovi\ content and kinematics for 126 {\hi}-selected absorbers at
0.14≲z≲0.73 for which the metallicities of their cool photoionized phase have been determined. We separate the absorbers into 100 strong {\lya} forest systems (SLFSs with
15\la\,{\colden}\,
< 16.2) and 26 partial Lyman Limit systems (pLLSs with
16.2≤\,{\colden}\,
≤17.2). The sample is drawn from the COS CGM Compendium (CCC) and has \ovi\ coverage in
\sn≥8 {\it HST}/COS G130M/G160M QSO spectra, yielding a
2σ completeness level of {\coldenovi}
≥13.6. The \ovi\ detection rates differ substantially between low-metallicity (LM; {\xh}
≤−1.4) and high-metallicity (HM; {\xh}
> -1.4) SLFSs, with 20\% and 60\% detection rates, respectively. The \ovi\ detection frequency for the HM and LM pLLSs is, however, similar at
∼60\%. The SLFSs and pLLSs without detected \ovi\ are consistent with the absorbing gas being in a single phase, while those with \ovi\ trace multiphase gas. We show that the \ovi\ velocity widths and column densities have different distributions in LM and HM gas. We find a strong correlation between \ovi\ column density and metallicity. The strongest (\coldenovi
\ga14) and broadest {\ovi} absorbers are nearly always associated with HM absorbers, while weaker \ovi\ absorbers are found in both LM and HM absorbers. From comparisons with galaxy-selected and blind \ovi\ surveys, we conclude absorbers with \coldenovi
\ga14 most likely arise in the circumgalactic medium (CGM) of star-forming galaxies. Absorbers with weak \ovi\ likely trace the extended CGM or intergalactic medium (IGM), while those without \ovi\ likely originate in the IGM.