Would the distance between the two galaxies be 26.6 billion years and longer than the age of the universe?
Good point: Yes and No.
Would it happen, yes, already has: If the universe is 93 billion light years in diameter, it is obviously possible to to find a galaxy 26.6 billion light years away but it should not be older than 13.7 billion years.
Because 13.3 billion light years away vs 13.3 billion years ago are not the same in the "Expanding universe" theory. The summary says "the galaxy is 13.3 billion light years away" - which makes it not as old as that statement implies --- imagine an early universe 1 billion light years across, with 2 galaxies forming near the edge diametrically opposite each other. They could now be 93 billion light years apart from each other but they would still be slightly younger than this one (MACS0647-JD). Similarly, it's possible that this galaxy could have been formed 12 billion years ago and has since moved relatively or "apparently" further away to 13.3 billion light years. 1.3 billion light years in 1.3 billion years in an expanding universe doesn't seem impossible since the universe is already larger (93 billion light years) than it is old (13.7 billion years).
The article didn't explain how they've correlated distance with age. Doppler shift?
The "No" part to your question, and the part which makes some of my answer wrong, is for observable:
There would also be the implication that what is "observed" can not be older than 13.7 billion years so you would need to wait another 13.3 billion years to observe the 13.3 billion year-old galaxy **at** 26.6 billion light years away.