The device used to store and transport a coiled tubing string ready for use at the wellsite. The coiled tubing reel incorporates a manifold and swivel arrangement to enable fluids to be pumped through the coiled tubing string at any time, a levelwind assembly to ensure the string is correctly spooled and a treatment system to apply inhibitor or similar protective coatings to the coiled tubing string. The reel functions are hydraulically powered and controlled from the unit control cabin.