01 - Pat the cod fillets completely dry with paper towels. Season both sides generously with 1/2 tsp salt and 1/4 tsp freshly ground black pepper.
02 - Heat 1 tablespoon olive oil in a large skillet over medium-high heat until shimmering. Add the seasoned cod fillets and sear for 2 minutes per side until golden brown but not cooked through. Remove fillets from skillet and set aside on a plate.
03 - Add 1 tablespoon olive oil to the same skillet. Sauté the minced shallot for 2 minutes until translucent and softened. Add minced garlic and cook for 30 seconds until fragrant, being careful not to burn.
04 - Add the drained roasted red peppers, smoked paprika, and dried oregano to the skillet. Cook for 2 minutes, stirring occasionally to combine flavors and heat through.
05 - Transfer the pepper mixture to a blender or use an immersion blender directly in the pan. Add the heavy cream and lemon juice. Blend until completely smooth and creamy. Return the sauce to the skillet if using a countertop blender.
06 - Taste the sauce and adjust seasoning with salt and freshly ground black pepper as needed to balance flavors.
07 - Nestle the seared cod fillets into the sauce, spooning some sauce over the top of each fillet. Cover the skillet and simmer over medium-low heat for 6-8 minutes, or until the cod is opaque throughout and flakes easily with a fork.
08 - Transfer cod fillets to serving plates, topped generously with sauce. Garnish with chopped fresh parsley and lemon wedges if desired.