© 2022 The Author(s)In this paper we consider a 3D three-parameter unfolding close to the normal form of the triple-zero bifurcation exhibited by the Lorenz system. First we study analytically the double-zero degeneracy (a double-zero eigenvalue with geometric multiplicity two) and two Hopf bifurcations. We focus on the more complex case in which the double-zero degeneracy organizes several codimension-one singularities, namely transcritical, pitchfork, Hopf and heteroclinic bifurcations. The analysis of the normal form of a Hopf-transcritical bifurcation allows to obtain the expressions for the corresponding bifurcation curves. A degenerate double-zero bifurcation is also considered. The theoretical information obtained is very helpful to start a numerical study of the 3D system. Thus, the presence of degenerate heteroclinic and homoclinic orbits, T-point heteroclinic loops and chaotic attractors is detected. We find numerical evidence that, at least, four curves of codimension-two global bifurcations are related to the triple-zero degeneracy in the system analyzed.