Heat a large skillet at medium-high heat.
Once the skillet is hot enough, add the butter and olive oil. Spread it so it covers the bottom of the skillet.
Add bell pepper and diced onions to the skillet, and cook for a minute or two, until they soften.
Add minced garlic, cumin, paprika, oregano, salt and pepper. Stir together.
Add bay leaves, diced tomatoes, wine (or broth/water) and fresh lime juice. Stir together.
Reduce heat to medium and cover. Allow the sauce to simmer for about 10-12 minutes, stirring occasionally.
Once the sauce has simmered, add the shrimp and coat it with sauce.
Simmer the mixture uncovered for 3-5 minutes, or until the shrimp looks opaque and pink. Be sure not to cook the shrimp too long! Overcooked shrimp is rubbery and chewy.
Once cooked, remove from the pan and serve hot.
Stewed shrimp goes perfectly accompanied by some arepas de coco (coconut arepas), over rice, as a filling for mofongo, and some avocado slices.
¡Buen provecho from The Happy Wookiee!