Gather smoked paprika, thyme, salt, garlic powder, onion powder, cayenne pepper, and oil.
Place the spices and oil in a large skillet.
Heat the skillet over medium-low heat, stirring the mixture continuously for about 30 seconds.
Once the spices are aromatic, increase the heat to medium-high.
Add the shrimp to the skillet and spread them out evenly.
Sauté the shrimp, stirring occasionally, until they turn pink and are fully cooked, approximately 2-3 minutes.
Remove the shrimp from the skillet promptly to avoid overcooking.
Serve immediately as is, or pair with rice or pasta for a heartier meal.