Leave Olives overnight in salted water. The following morning rinse a few times with fresh water and place into the food processor.

Continue by adding the pepper,

pour in the Olive Oil and beat until all the ingredients combine.

I added a bit more than just 1 Paprika Pepper so that is why it has more of an orange color, but if you add 1/2 of the Paprika Pepper then the Green color will dominate.