You can do that easily on your Mac.
Launch Disk Utility.
Choose that external drive (not the Elements partition line, but the line directly above it with the manufacturer's info.)
Click the Partitions tab.
Click the drop down under Partition Layout.
Change to 1 Partition (or more, your choice)
Format should show Mac OS Extended (journaled)
Name your partition, if you like.
Click the Options button, near the bottom of the window, and change to GUID, and click OK.
Click the Apply button. And, wait for a few seconds, and your drive is fully usable on your Mac (and NOT fully usable on Windows. If you need Windows, too, then there's other solutions for that, too)