With the disappearance of a British and a Russian nuclear submarine James Bond is called into action while on a romantic excursion in the Alps. Leaving his lover he skis away chased by four Russian agents, one of which he kills. This agent turns out to be the lover of Major Anya “XXX” Amasova, Russia’s top agent who is informed of his death when she is called in to be given her assignment of searching for the submarines.
At a meeting with M, the MOD and others at a British naval yard, Bond studies the path of the submarine coming to the conclusion that something is wrong so he is sent to Cairo as a start to his investigation.
Meanwhile, two scientists are meeting with Carl Stromberg showing him a submarine tracking system they have developed. Stromberg is a rich, powerful, merciless businessman. He designed his home, Atlantis, a floating city that can also submerge beneath the water. Because his secretary had stolen some information from him, when she goes into his specially designed lift he opens a trapdoor and she falls into a tank containing a tiger shark and it doesn’t end well!!
The scientists, they are allowed to leave but Stromberg kills them by detonating a bomb in their helicopter so preventing them from talking to anyone else, but also so that he wouldn’t have to pay them for their work. He then instructs two hired gunmen, Sandor and Jaws, to go to Egypt in search of the tracking system and to kill anyone that gets in the way.
On his arrival in Egypt, Bond is informed by one of his contacts that a businessman by the name of Fekkesh is looking to buy the tracking system. When Bond goes to his house he is met by a woman who tells him that Fekkesh is not there. Bond proceeds to ‘make moves’ on her but Sandor is there and tries to shoot him. Bond uses the woman as a shield which kills her and he gives chase to Sandor eventually, after a fight, dangling him from the edge of a roof forcing a confession as to where Fekkesh is…………….then lets him fall to his death.
When he arrives at Giza to search for Fekkesh Bond finds that Anya has already found him, but so has Jaws. Fekkesh tries to escape but Jaws traps him and kills him by biting into his neck.
Bond meets Max Kalba a nightclub owner in Cairo who he believes can help with his investigation. Anya meets him also and together they set about recovering the microfilm that contains the tracking system design that is thought to have been used in the disappearance of the subs. As Kalba starts to negotiate a price with them he gets a phone call and leaves the two to answer it. However Jaws, in disguise, kills him. takes the microfilm and flees in a van into the desert with Bond and Anya hiding in the back.
The next day after chasing Jaws through Egyptian ruins they capture him and retrieve the microfilm and take off in Jaw’s van to board a boat on the Nile. Anya, however, with the help of a fake cigarette, renders Bond unconscious and steals the microfilm. When he comes to the next morning he finds Anya, Colonel Gogol (Anya’s superior) and M waiting for him in a different part of the ruins. They examine the microfilm only to find that it is not worth anything. Bond already knew that because, unbeknown to Anya, he’d already looked at its contents. They did, however, find a link to Stromberg and were both instructed to go to Sardinia where Stromberg lived.
Arriving at Stromberg’s, Bond posing as a marine biologist, Stromberg’s secretary, Naomi, takes them out to Atlantis. After their meeting with Stromberg Naomi shows them out telling Anya about a 1 million ton supertanker belonging to Stromberg named Liparus. Bond had seen a model of it and noted that the bow looked unusual. After they left Jaws comes out of hiding and confirms to Stromberg that they are spies and instructs Jaws to kill them once they are on dry land.
Speeding away in Bond’s Lotus an assassin on a motorbike tries to kill them by blowing up their car. He doesn’t succeed and is killed in the process. Then Jaws with more assassins drive up and try to kill them but, because of his ‘special’ car, survives. Naomi tries from a helicopter to strafe them but Bond’s car is able to convert to a small submarine so he drives off the end of the pier. He then fires a small missile aimed at the helicopter and Naomi is killed.
Staying submerged they go to Atlantis but are unable to get any information from the outside. On leaving they are attacked but using the car’s defence system Bond destroys his attackers but the Lotus is damaged causing them to resurface.
They return to the hotel to decide what to do next with Bond sending a message to M asking him about the Liparus. He replies that since it was launched there has been no record of it ever having put into port anywhere so Bond and Anya decide to investigate.
They are on a submarine watching the Liparus when the bow of the supertanker opens up and their sub is disabled and swallowed up. Once inside they see the two captured subs but they are taken prisoners and lead to Stromberg. He is on the bridge of the Liparus and explains to Bond and Anya that he will destroy the world as they know it by using the nuclear missiles on the two captured subs to start a nuclear war, leaving his way clear to start up an underwater world, one which he will rule.
Stromberg leaves taking Anya as insurance and his men begin the planned onslaught. Bond it taken to be imprisoned with the rest of the captured crew members but manages to escape before he gets there and in turn frees all the British, American and Russian sailors. They then launch an attack on the crew of the Liparus, capturing most of the ship and dock but cannot penetrate the bridge control room as it’s heavily fortified until Bond uses one of his gadgets. They then proceed to kill the remainder of the crew of the Liparus.
Stromberg’s two submarines are ready to be launched but Bond, with the help of the American submarine captain using the computer tracking system on the Liparus, reprogram them so that the two subs are aimed at each other. It’s a success and the subs are destroyed, meanwhile, the Liparus is on fire and gradually succumbing so the British, American and Russian crew members escape on the American sub just in time to see it explode and sink.
They are ordered to destroy Atlantis but Bond insists that they rescue Anya first. He takes off on a wetbike to Atlantis and finds his way to Stromberg who is in his dining room. He attempts to kill Bond but fails and Bond kills him.
While looking for Anya he encounters Jaws but gets round that by using an electromagnetic crane that attracts Jaw’s teeth and Bond drops him into the shark tank although Jaws quickly kills it with one bite.
He finds Anya just in time as the Americans start their attack. As Atlantis begins to sink Bond and Anya escape in a pod and Anya takes his gun leading us to think she is going to take her revenge for killing her lover. But she had forgiven him and instead tells him she loves him instead. They are picked up later by a British ship and M, Minister of Defence Gray and the General who are aboard find them in an intimate embrace.