01 - Pat the cod fillets completely dry with paper towels. Generously season both sides with salt and pepper, ensuring even coverage.
02 - Heat 1 tablespoon olive oil in a large skillet over medium-high heat until shimmering. Add cod fillets and sear for 2 minutes per side until golden brown but not cooked through. Remove from skillet and set aside on a plate.
03 - Add remaining 1 tablespoon olive oil to the same skillet. Sauté shallot for 2 minutes until translucent, then add garlic and cook for 30 seconds until fragrant, being careful not to burn.
04 - Add roasted red peppers, smoked paprika, and dried oregano to the skillet. Cook for 2 minutes, stirring occasionally to allow spices to bloom.
05 - Transfer mixture to a blender or use immersion blender directly in pan. Add heavy cream and lemon juice. Blend until completely smooth and creamy. Return sauce to skillet if using countertop blender.
06 - Taste sauce and adjust seasoning with salt and pepper as needed. The sauce should be rich, slightly smoky, and well-balanced.
07 - Nestle seared cod fillets into the sauce, spooning some over the top. Cover and simmer over medium-low heat for 6-8 minutes until cod is opaque throughout and flakes easily with a fork.
08 - Transfer cod to serving plates, spooning generous amounts of sauce over each fillet. Garnish with fresh chopped parsley and lemon wedges if desired. Serve immediately.