I'm not used to FRED, but let's take the errors one at a time:
1. To update OpenGL, update your graphics card drivers. If you're on windows, either go to update.microsoft.com, click on custom, then click on hardware(optional) on the left hand side, or get the drivers from the website of your video card manufacturer.
2. Open up the FSO launcher (you do know what the launcher is, right?) and go to the options (or is it features? i don't remember.) and make sure to remove -rlm and -noibx from the custom flags box.
as always, a more knowlegable member is free to correct me if i'm wrong.