In a heavy 4 quart sauce pan over medium heat, add oil. Add onion and sauté’ until translucent (about 3 minutes).
Add the rice and stir until the grains are well coated with oil.
Add the white wine, bring to a boil and stir constantly.
Add ½ cup of the broth to the rice and stir frequently until the rice has almost completely absorbed the liquid. Lower the heat and simmer. Repeat, adding ½ cup of the chicken broth at a time. After about 18 minutes, the rice will be almost done.
Stir in parmesan cheese, peas, butter, basil and king crab meat.
Turn off the stove and put the lid on the saucepan for a couple minutes.